Spectrum reserve price at Rs.4040 crore...

Clearing the way for unleashing the next generation mobile telephony, the government on Friday decided to auction 3G spectrum at a reserve price of Rs.4040 crore which will be allocated to six private operators besides state-owned MTNL and BSNL.
However, no final decision has been taken and it would take a decision within a week.
Initially, six private operators apart from state-owned MTNL and BSNL would be allowed to offer 3G services that enable high-speed internet, videos and many other value-added services on the mobile phone bythe end of the year.