Monday, June 22, 2009
Scrabble game and the 3G spectrum
The squabble over the allocation of the 3G spectrum is turning out be a just an unique scrabble game. The tenders are placed on the table and now they are deciding the multiple factor for the auction. Earlier it was priced at 2020 crores, now it has gone upto 4040 crores.So what actually is the real price of the spectrum? Why was our PM a bit adamant on keeping the Telecom minister out of the Cabinet but finally had to succumb to pressure? What is the real multiplying factor? Is 3g=z=10x.