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Next mobile airwave auction likely in January: govt

Govt expects to get Rs 11,000 crore of revenue from the auction

Reuters

Government expects to conduct its next mobile phone airwave auction in January, Telecommunications Secretary M F Farooqui said on Tuesday, adding the government has estimated Rs 11,000 crore of revenue from the auction.

The telecommunications regulator earlier this month recommended a sharp cut in the auction reserve prices. The reserve prices are yet to be finalised by the government.

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First Published: Sep 24 2013 | 10:21 AM IST

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