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Article: DoT for Rs 3,500 cr 3G reserve price
- Article from:
- The Hindustan Times
- Article date:
- August 7, 2009
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India, Aug 7 -- The Department of Telecommunications (DoT) has proposed that the reserve price of 3G spectrum for pan-India operations should be fixed at Rs 3,500 crore. The amount proposed by the department to the empowered group of ministers (EGOM) is about Rs 540 crore less than the reserve price suggested by the Finance Ministry.
While the Finance Ministry sees the spectrum for 3G services, which are aimed at high-end uses such as video downloads and mobile commerce, as a revenue-earning opportunity, the DoT, pushing for a reserve price, has argued that a high reserve price for category "B" and "C" circles would discourage smaller players.
DoT has categorised telecom circles - whose ...