Muses of Murari

The 3G post continues. The mammoth 67 k odd crore rupees (approx $15 billion) exceeded A Raja’s expected figure. Although it is good news for the government, but not for for telcos. Really, its tremendous stress on telcos. They had honeymoon days with 2G auctions earlier and now as they are in post-honey moon phase, [...]

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For many eyes, it looks like Government would make a windfall of more than expected Rs. 35,000 crores from ongoing 3G auction. A. Raja’s projection of Rs. 50,000 crores, if materializes, might make him super minister overnight,  overriding his image made up of much controversial 2G license auctioning. Sure, government would be happy. Minister would [...]

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A decade ago, when UK government auctioned 3G spectrum, it had reaped a whopping $35 billion dollars (around  INR 150,000 crores in today’s money). This was considered huge success after a poor auctioning of 3G licenses in US and New Zealand in that period. In fact, UK auctioneers, after seeing the scarce resource going so [...]

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