SPECTRUM AUCTION- BID REACHES Rs. 1.07 LAKH CRORE.

 

By 17th March, 2015 the Spectrum bids have reached Rs. 1.07 lakh crore. The government will certainly get a bonanza.

But what about the consumers? It is afraid that the private companies who have taken thousands of crores of rupees from the Banks for bidding will certainly raise the charges. The consumers will be compelled to pay more. Since BSNL and MTNL are in the field, it will not be so much easy for the private companies to increase much. We can watch the developments