TDSAT rightly indicts government for playing games with investors in the telecom sector

A government’s word, you’d think, would count for something. Which is why, when India decided to auction 3G spectrum — ideal for high-speed mobile data connectivity — in 2010, leading telcos went for it. Sure, there wasn’t enough 3G spectrum to go around, but they still invested Rs 68,000 crore in bidding for 3G licences, and another Rs 15,000-20,000 crore each in rolling out networks.

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