3G Auction Delayed

3G auction, slated for Jan 15th has now been delayed to Jan 30th (speculated) owing to the absence of foreign telecom operators in the pre-bid conference.

“In view of the large number of requests from potential bidders, it is only fair that they should be given some time. Accordingly, it is decided that the auction process be shifted by a fortnight and the CCEA decision will be available by that time and we will have a clear mandate to proceed as per their decision” – source

Earlier, Vodafone had requested for a delay in  3G auction date citing global economic crisis and difficulty in raising funds as the reason.

Recommended  Read : 3G Auction Details3G Guidelines , 3G Debuts in India

Sign Up for Our Newsletters

Get smarter with most important stories.

You May Also Like