The Government of India will surely earn a fortune from the sale of the 3G spectrum among the telecom operators. The revenue of the Government crossed a whooping Rs 51000 crores on Saturday.
Indian Government is assured of a minimum of Rs 51,833 crores from the sale of the 3G spectrum now. The Government had earlier estimated revenue of Rs 35,000 crores from the sale of 3G spectrum in 22 circles among the 9 telecom operators.
The spectrum bid for Delhi and Mumbai crossed the Rs 2000 crores mark. The highest bid for Delhi was Rs 2,080 crores, while that for Mumbai was Rs 2,128 crores. India has the world’s fastest growing mobile and telecom market. Telecom Minister
A. Raja, Telecom Minister, said that the Government expects to earn around Rs 55000 crores from the sale of 3G spectrum and Broadband Wireless Access (BWA) services. The auction of Broadband Wireless Access (BWA) service will start after the bidding of the 3G spectrum ends. Hopefully, the sale of 3G spectrum will get over by the end of this week.
The 3G technology definitely has great features, but it would be interesting to see the response of Indian customers. As far as end users are concerned, we feel that the prices of 3G services will be much higher.
Good new for india. I hope 3Gs will cost lass in future for common people
The government of India earns crores and crores in auction of 3 G and Wireless broadband spectrum. Who knows how much govt. would have got in 2 G ?India is going for 3 G and in some countries they are going for 4 G. Whether3 G will have the same response for 2 G. India has more customers i..e low users in terms of money. Whether the operators will earn ,what they put for in 3 G auction.?
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[...] 9 telecom operators in India for the 3G spectrum. It was just yesterday that we reported that the Government of India will now earn a minimum of Rs 51000 crores from the auction of the 3G spectrum. The 3G spectrum needs to be allocated to the telecom operators [...]