2G auction to take at least 400 days: Telecom secy

2G auction to take at least 400 days: Telecom secy

FP Archives December 20, 2014, 06:45:01 IST

The court ruled on February 2 that all 122 telecom licences awarded in a scandal-tainted 2008 sale be revoked in four months.

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2G auction to take at least 400 days: Telecom secy

India’s telecom ministry could take at least 400 days to complete an auction of second-generation spectrum, Telecom Secretary R. Chandrashekhar said, after an order by the Supreme Court to revoke nearly half of the existing licences.

The court ruled on February 2 that all 122 telecom licences awarded in a scandal-tainted 2008 sale be revoked in four months and asked the government to redistribute the licences and radio airwaves through an auction.

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Reuters

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