Clearing a low bar - The Hindu
The government must take a relook at spectrum auction formats, unrealistic pricing, and regulatory norms
Source: thehindu.com
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Clearing a low bar: The Hindu Editorial on spectrum auction format, pricing and regulatory norms
The government must take a relook at spectrum auction formats, unrealistic pricing, and regulatory norms India’s latest auction of telecommunications spectrum is a qualified success from the Centre’s perspective, mainly because the winning bids cumulatively exceeded the government’s own low expectations for receipts from the sale of airwaves. A total of 855.6 megahertz was successfully bid for — out of the 2,308.8 MHz that was on offer — as the three largest telecom services providers sought to optimise their purchases of radio spectrum by seeking to acquire only what they deemed e...
Source: thehindu.com