Indian 3G auction process to start from this week

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

3g

 

I know you’ve heard this lot of times before but this time it’s real. The first step towards the delayed 3G auction process is expected to start by end of this week when the ministry will issue Notice Inviting Application (NIA), the policy guidelines for 3G auction.

NIA is the preliminary step and contrary to government’s wishes of completing the actual auction process by this fiscal end, it will be completed by May.

“The auction would begin 40- 45 days from the date of issuing NIA. This means that the auction will probably be completed by May,” said A Raja.

The 3G auction process has been delayed for some reason or the other but this time the government is more confident of moving forward since Finance Minister, Pranab Mukherjee stepped in and agreed to a MoU with the armed forces to vacate the 3G spectrum in lieu of optic-fibre network for defence communications.

[Via TheHindu]

Liked the post? Why not Subscribe to our RSS Feed.

One Response to “Indian 3G auction process to start from this week”

  1. [...] we said yesterday, the NIA was supposed to be issued this week and it seems tomorrow is the day. The last [...]

Leave a Reply

You can use these XHTML tags: <a href="" title=""> <abbr title=""> <acronym title=""> <blockquote cite=""> <code> <em> <strong>