[LINK] India: 3G spectrum base price fixed at $729 Million

Sat Aug 29 18:29:44 AEST 2009

> New Delhi: The wait for next generation telephony is finally over with the empowered group of ministers Thursday fixing the base price of third generation (3G) radio waves at $729 million (Rs.3,500 crore). It had been earlier pegged at Rs.4,040 crore.
> .....
> "We believe 3G will drive the wireless broadband revolution in both urban and rural India, contributing to inclusive growth. Bharti Airtel looks forward to participating in the auction."
<http://www.siliconindia.com/shownews/3G_spectrum_base_price_fixed_at_729_Million-nid-60718.html>
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