3G auction price still under debate as group of ministers is formed

13 Jul 2009

Despite announcing last month that it had settled on a price for the long-delayed 3G auctions the Indian government has now revealed that it has convened a group of ministers (GoM) to further look in to both pricing and spectrum availability for 3G services, the Economic Times reports. The GoM will be headed by finance minister Pranab Mukherjee, and will also include home affairs minister P Chidambaram, minister of consumer affairs, food and public distribution Sharad Pawar and A Raja, minister of communications and information technology. The GoM is specifically tasked with deciding on the number of operators allocated licences in each circle, as well as finalising the reserve price for both 3G and WiMAX auctions.