Government expects to top $1.84 billion target from telecoms spectrum auction


The government received applications from eight companies including Reliance Industries and Bharti Airtel Ltd to participate in the auction.NEW DELHI: Government expects to exceed its budgeted target of about Rs. 113 billion ($1.84 billion) from a spectrum auction due next month, the telecoms secretary said on Wednesday.

The government received applications from eight companies including Reliance Industries and Bharti Airtel Ltd to participate in the auction, M.F. Farooqui said.  Read more

Source: http://economictimes.indiatimes.com/

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Categorised in: Sector News, Telecom

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