Govt asks 3G winners to pay by May 31
Govt asks 3G winners to pay by May 31
The auction yielded the Indian government 677 billion ($ 14.4 billion) in revenues.

New Delhi: The government on Friday asked firms who won third-generation (3G) spectrum in the recently concluded auction to pay by May 31.

Seven mobile carriers including Bharti Airtel, Vodafone Essar, Reliance Communications have won spectrum in some zones, which ended on Wednesday after 34 days of bidding.

The auction yielded the Indian government 677 billion ($ 14.4 billion) in revenues, nearly twice of what it had expected. A separate auction for wireless broadband spectrum starts from May 24.

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