India Plans to Start Spectrum Auction on Nov. 12
India's Department of Telecommunications plans to start a much-awaited auction of telecommunications bandwidth on Nov. 12.
India is auctioning the airwaves after the Supreme Court earlier this year revoked the telecom licenses of several companies, citing corruption in their allotment in 2008, and asked them to return the airwaves they held. Bids will be received until Oct. 19 and the final list of bidders who will be allowed to participate in the auction will be decided by Nov. 6, the telecom department said in a notice on its web site. In February, the court ordered the cancellation of 122 licenses issued to several companies. That order was to take effect on June 2.
India Plans to Start Spectrum Auction on Nov. 12