Isn’t that great!! On one side the Government is finding it difficult to arrive at a concensus and on the other, reports of 90 million subscribers by 2013 making the rounds. This data was a part of Federation of Indian Chambers of Commerce and Industry’s (FICCI) report. Also, projected sales of 3G enabled handsets stand at 8.13 million units, which would bring in $11.2 billion as revenue.
As for the timelines for the auction process, things do not look too good. The process is already running late by a month and there are some more expected. However, reterating our views, this is a good time for operators to make sure they have saved enough to help them emerge as winners in the bidding process.