A PTI Flash suggests that auctions for 3G and BWA spectrum in India are to be postponed to the next fiscal year. While it is not surprising - this is not the first time they have been indefinitely postponed - it is extremely disappointing for the Broadband market in India.
It is also demoralizing and frustrating for the companies, employees and investors who have worked hard to prepare for the auctions thrice in two years. Six months later, or whenever, the process will start all over again. And we will get all excited. Or will we? http://www.ptinews.com/news/490366_3G-spectrum-auction-put-off-to-next-fiscal
It is also demoralizing and frustrating for the companies, employees and investors who have worked hard to prepare for the auctions thrice in two years. Six months later, or whenever, the process will start all over again. And we will get all excited. Or will we? http://www.ptinews.com/news/490366_3G-spectrum-auction-put-off-to-next-fiscal