COAI seeks 50% cut in spectrum price for 4 circles
fe Bureau : New Delhi, Thu Jan 31 2013, 03:27 hrs
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The industry's clamour for a further reduction in the reserve price comes a month before the government plans to begin the auction of 800 MHz, 900 MHz and in certain circles 1,800 Mhz spectrum.
Close to 70% of the airwaves were unsold in the November auction that raised just R 9,407 crore, less than 25% of the amount the government was targeting to raise from spectrum sale this fiscal.
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