THE CENTRAL GOVERNMENT IS ENSURED OF ATLEAST RS.50000 CRORE AS THE AUCTION OF SPECTRUM PASSED 3 DAYS.

THE AGGRESSIVE BIDDING OF THE TELECOS GOT FURTHUR MOMENTUM ON THE THIRD DAY OF THE AUCTION ON 5TH FEBRUARY AND ACCORDING TO M.F.FAROOQUI,TELECOM SECRETARY, THE GOVERNMENT WILL GET RS.15000 CRORE THIS FISCAL BASED ON THE BIDS RECIEVED AT THE END OF THE THIRD DAY.SUCCESSFUL BDDERS HAVE TO PAY 25% OF THE WINNING PRICE UPFRONT.