India 3G Spectrum Auction reach $3.33 bln

Bids for nationwide 3G mobile spectrum licences in India reached Rs 150 billion ($3.33 billion) on the 29th day of an auction, an indication the government could earn revenue of more than Rs 600 bi

3G & BWA spectrum auction starts in India

The first-ever auction of the radio frequency spectrum for third generation (3G) telephony that would facilitate high-speed mobile services in India began on Friday.