Business | Updated Sep 13, 2009 at 01:53pm IST

India 3G spectrum auction in Dec: Govt

Reuters

New Delhi: India will start auctioning third-generation wireless spectrum from December 7, the Government said in a notice on a telecoms department website.

Firms interested in participating in the auction have to apply by November 13, the notice on the Department of Telecommunications's website said.

The auction, which will introduce high-speed Internet and video downloads on mobile phones, was originally planned for January 2009 but was delayed after the Finance Ministry wanted the reserve price to be doubled.

Last month, the base price for pan-India 3G spectrum was revised by a Ministerial panel to Rs 3,500 cr ($722 million) from Rs 2,020 cr.

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