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India - India sets terms for 3G auction.

Telecompaper Africa/Asia

| August 28, 2009 | COPYRIGHT 2008 Financial Times Ltd. (Hide copyright information)Copyright

The Indian government has set the terms of the long-awaited auction of 3G licences. Telecommunications minister A Raja announced that the minimum price for each licence is INR 35 billion, and there will be four licences available in each regional circle, plus one …

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