Govt begins 2G spectrum auction; five bidders in contention

Monday, November 12th, 2012
2G spectrum auction

New Delhi: The government has begun the auction for the 2G spectrum with a hope to meet the Rs 40,000 crore revenue budget. Five bidders, namely, Bharti Airtel, Vodafone, Idea Cellular, Telenor and Videocon are bidding for the GSM (Global System for Mobiles) airwaves. There are no bidders for the CDMA (Code Division Multiple Access) […]

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