Monday, March 01, 2010

Projected revenues may not materialise

After the budget weekend, people have started analyzing the various proposals more deeply. It seems the revenues on account of the sale of 3G licenses may be less than projected to the extent of Rs 5000-10,000 crores or more. These doubts have risen because only three licenses are being auctioned instead of the original plan for four. The auction for the fourth slot has been postponed as the defence ministry has still not released the spectrum/radio frequencies. This may happen only in 2013.

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