2G scandalRSS

India’s TRAI sets hefty price tag for 2G spectrum

Spectrum prices for India's 2G sale will be almost 10-times higher than 2008's prices

India’s telecoms regulator, the TRAI, has proposed hefty reserve prices for the 2G spectrum blocks, due to be auctioned for a second time, later this year.

Batelco exits India

airplane

Bahraini operator group Batelco has announced that it has sold its stake in India’s STel, due to the circumstances surrounding the country’s 2G scandal. The operator noted that it had been looking for a buyer of its share in the Indian carrier long before last week’s ruling from the Supreme Court of India to cancel the 122 spectrum licences awarded in a 2008 spectrum sale.