Home Page : Archive News : March 2015 News : UPDATE 2-India raises record $17.6 bln from telecom airwaves auction

UPDATE 2-India raises record $17.6 bln from telecom airwaves auction

March 26, 2015

MUMBAI, March 25- India raised a record $17.6 billion from the sale of mobile phone airwaves in its latest telecom spectrum auction after 19 days of fierce bidding, the country's telecoms minister said on Wednesday. Ravi Shankar Prasad said the government received bids worth almost 1.10 trillion rupees, topping the 1.06 trillion rupees it raised in 2010. The...

Source: http://www.cnbc.com/id/102534359
 
Related Updates