Telecom tower (Photo by W Rorrkychand Sing/Tonseblog.com)

Ambanis, Bharti, Vodafone And 5 Others To Slug It Out For Spectrum

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Telecom firms of Ambani brothers Mukesh and Anil as well as Bharti Airtel, Vodafone and Idea are among the eight companies vying to buy spectrum in the biggest ever auction that may fetch the government about Rs 1 lakh crore.

The government plans to sell the second-generation or 2G and third-generation 3G radiowaves in an auction scheduled to start from March 4.

At the close of applications today for participating in the auction, eight telecom companies including Mukesh Ambani- led Reliance Jio, Airtel, Vodafone, Idea Cellular, Anil Ambani -led Reliance Communications, Uninor, Aircel and Tata Teleservices have applied. Original post at ET Telecom

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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