Tele Gyaan

bidding

3G spectrum to be allocated by January end

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There has been a lot of things happening within the telecom department regarding the 3G technology. A few weeks back a rumor revealed that the Department of Telecommunication (DoT) has pushed the 3G auction by two weeks to January 15. Then some days later, we heard about the telecom ministry playing hardball by keeping the auction as per previous schedule.

Now in a recent twist, Telecom secretary Siddhartha Behura announced in a press conference that they would be conducting the 3G auction sometime in the second week of January and would be allocating spectrum by the end of month. He also said that come what may, there would be no delay in the plan to complete the auction by mid-January.

Let us hope the government sticks to their word this time because more delay could mean delay in the cash reserves for the government.

3G Bid not to be delayed

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With the global economic recession and firms going bust, a huge investment at this point of time doesn’t seem quite appealing. This was the basic reason for authorities to delay the 3G Bidding process to early next year. Telecom Biggie, Vodafone also expressed concerns over having the bid this year, with the economic meltdown taking a hit on its profits.

However, contrary to this news, the Telecom Ministry announced that the bidding process would be held this year itself. December has been earmarked as the month, which will witness the act resulting in a collection of up to $8 Billion for the Government.