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On Record/Base price for 2G auction set at Rs 14,000 crore

Print Edition: Sep 2, 2012

Himanshu Kapania, Idea Cellular MD
Himanshu Kapania, Idea Cellular MD
There is no business case (for auctioning spectrum) even at Rs  1,650 crore (per MHz). Idea has been losing Rs 170 crore per quarter in new circles. So, there is definitely no business case at Rs  14,000 crore (for 5 MHz)
Himanshu Kapania, Idea Cellular MD, in Business Standard

Kapil Sibal, Communications and IT Minister
Kapil Sibal, Communications and IT Minister
We want to give a signal to industry that India means business and it's a great place for investment

Kapil Sibal, Communications and IT Minister, on the Cabinet decision in Mint

This is unreasonably high and will adversely impact the health of the industry, which is already going through a bad patch
Sanjay Kapoor, CEO ( India and South Asia), Bharti Airtel, to wire agencies

Vsevolod Rozanov, President and CEO
Vsevolod Rozanov, President and CEO
The reserve price is excessively high. The Supreme Court in its 2nd February order had directed that true market price of the spectrum should be discovered through auction

Vsevolod Rozanov, President and CEO, Sistema Shyam TeleServices Ltd, in a statement

We are carefully examining legal options regarding as many as five key policy decisions linked to airwaves sale
Rajan Mathews, Director-General, Cellular Operators Association of India, in The Economic Times


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