Thursday, 22 November 2012
Existing spectrum winners asking benefit of cut in reserve price
Aditya Birla Group company Idea Cellular has filed an affidavit with the Supreme Court saying that any reduction in the reserve price for unsold spectrum should also be applicable to winners of the recently concluded auction. In the event further quashed/unsold spectrum from current auction is made available/put up for auction in the 1,800 Mhz band and any decision is made which results in a reduction in the reserve price or the final winning price, the petitioner (Idea Cellular) should be
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