Second round of bidding for rest of 3G spectrum blocks soon


A SECOND round of bidding for the remaining two blocks of 3G (IMT-2000) spectrum may be in the offing soon. It is expected to be based on a “beauty contest’’ style of bidding.  

Industry sources said the Government was still debating whether to open the bids to foreign parties and if it should limit them to only telecommunication companies or open to any party so that the winners could build the infrastructure and lease it to more service providers. Spectrum is fast becoming a commodity globally. 

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