3G spectrum price nearly doubles; revenue crosses Rs 28k cr: "New Delhi: The bid price for all-India 3G spectrum rose to Rs 6,968 crore, nearly 100 percent higher than the base price, on Day-11 of the auction and is likely to go up further with operators now shifting to smaller circles.
The government will surely get Rs 28,228 crore from sale of 3G spectrum. This leaves a gap of less than Rs 7,000 crore from achieving the target of Rs 35,000 crore set by Finance Minister Pranab Mukherjee in his Budget for 2010-11."
Friday, April 23, 2010
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