India Monday concluded 116 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence crossing the Rs.10,000 crore-mark.
India's telecom watchdog TRAI (Telecom Regulatory Authority of India) Tuesday suggested a one-time levy on unused radio spectrum with service providers based on the price derived from the auction for 3G frequency that could bring Rs.35,000 crore ($7.7 billion) of additional revenue for the government.
India on Wednesday completed 58 rounds of an auction to award radio frequency spectrum for third generation telecom services in the country, with the provisional winning price for a nationwide licence crossing Rs.6,500-crore mark.