India 3G auction starts, eyes on bids
NEW DELHI, April 9 — India kicked off an eagerly awaited multi-billion dollar spectrum auction today that would help telecom firms in the world’s fastest-growing wireless market offer premium third-generation (3G) services. Strong competition among bidders, which include Bharti Airtel, Reliance Communications and the Indian unit of Vodafone, should push up winning bids to as much as thrice the …
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