19th May 2010 will be a historic day! The Goverment has earned 67,000 Crore from 3G Auction! BWA expected to get gross about Rs 12,000 crore!
How on earth will the Telcos manage thier Balance sheet and maintain profitability over the next many years? The Top5 will have to dole out Billions of Dollars.With the huge increase in Smartphone usage, it is likely that the Telecos may scrape through. We will have consolidation starting very soon
Undoubtedly what caught everybody's attention was efficient and transparent multi-phase bidding process. Certainly helped in avoiding cartelisation.
