NEW DELHI: Successful bidders of third-generation (3G) spectrum in the upcoming auctions, scheduled to begin on January 14, may have to pay only 25
per cent of the bid amount initially and can pay the remaining in the next financial year when they receive the airwaves.
Besides, the uncertainty over the availability of 3G spectrum may also result in just one telecom company being awarded 3G frequencies immediately after the auctions while other telcos may be forced to wait up to September 2010.
The spectrum uncertainty may also result in the January auctions being limited to three players, according to an internal note of the Department of Telecom (DoT).
3G winners may have to pay 25% up front- Telecom-News By Industry-News-The Economic Times
per cent of the bid amount initially and can pay the remaining in the next financial year when they receive the airwaves.
Besides, the uncertainty over the availability of 3G spectrum may also result in just one telecom company being awarded 3G frequencies immediately after the auctions while other telcos may be forced to wait up to September 2010.
The spectrum uncertainty may also result in the January auctions being limited to three players, according to an internal note of the Department of Telecom (DoT).
3G winners may have to pay 25% up front- Telecom-News By Industry-News-The Economic Times