Indian Telecom Spectrum Auction
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The winners were awarded spectrum in September, and Tata Docomo was the first private operator to launch 3G services in India.[1] The government has earned 67,719 crore (US$12.26 billion) from the 3G spectrum auction. While the broadband wireless spectrum auction generated a revenue of 38,500 crore (US$6.97 billion).
Together 3G and BWA auction, the government of India earned a total revenue of over 106,219 crore (US$19.23 billion).
RELIANCE ANNOUNCE RECENTLY THAT IT WOULD START 4-G IN MUMBAI. THE OTHER-PLAYERS MOSTLY AT FENCE. FOR NAME SAKE THEY DID SOME ROLL-OUT BUT NO TELECOM PLAYER IS BETTING NOR THE GOVT. IS PUSHING.
THE GROWTH IN TELECOM SECTOR IS STALLED FOR NOW BUT HAS HUGE POTENTIAL TO GRAB THE BUSINESS OPPORTUNITY STORED IN. THE MOBILE BANKING AND THE DATA DOWN LOAD, YOUTH AND ENTERTAINMENT ARE MONEY SPINNERS APART FROM GOVT- eCommerce. EVERYTHING WILL BE IN VIDEO CONFERENCING....JUST BUSINESS!!!!!!!!!!!!
EYE ON THE TELECOM STOCKS FOR NEXT 4-5 YRS.
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