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
Print Edition: 02 Sep, 2012
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
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
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
