The Indian Telecom authorities have given foreign telecom companies to auction for 3G spectrum. This means that the companies do not need an Indian partner to get a piece of the attractive 3G cake in India, which was the case sometime back.
This would heat up the auctioning process and make it more competitive, but the step has some conditions too. In the end, when all the spectrum allocation would be dealt with, the foreign telcos would have to partner with Indian companies to start off their services here. Also, in order to get a license for the allocation, these companies would have to shell out an additional amount of Rs.1650 crore over and above their bid amount.
The Indian market is being considered as one of the Hotspots for Telecom companies and enjoying every bit of it are the Telecom Authorities and also (in the long run) the Consumers.
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