The Telecoms Regulatory Authority of India (TRAI) has initiated plans to auction 2G spectrum, inviting comments on the proposed tender by 15 February. The sale follows in the wake of the cancellation of 122 concessions in 22 service areas earlier this month: the Supreme Court ordered that the licences be revoked on the basis that their allocation in 2008 had been ‘totally arbitrary and unconstitutional’.* *According to the Economic Times, the majority shareholder in one of the affected cellcos, Uninor, Norway’s Telenor plans to participate in the auction, but has not ruled out an exit from India if the price is too high or if takes issue with rules regarding the tender.
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OVETEL TRAI launches 2G spectrum auction; Uninor readies strategy
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