Thursday, 21 September 2017

India spectrum auction ends, falls well short of target

By Nick Wood, Total Telecom
Friday 07 October 16

Government raises €8.8 billion as operators give 700-MHz, 900-MHz frequencies a wide berth.

India's biggest ever spectrum sale concluded this week, falling well below expectations. The government had set a target of raising a minimum of 5.44 trillion rupees (€71 billion) from the process, but according to provisional results published by the Department of Telecommunications (DoT) on Thursday, the sum raised was INR657.9 billion (&euro…

India's biggest ever spectrum sale concluded this week, falling well below expectations. The government had set a target of raising a minimum of 5.44 trillion rupees (€71 billion) from the process, but according to provisional results published by the Department of Telecommunications (DoT) on Thursday, the sum raised was INR657.9 billion (&euro…

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