India may lose $13 bn due to delay in spectrum auction: Assocham

India may lose $13 bn due to delay in spectrum auction: Assocham

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NEW DELHI - India may lose up to $13 billion in revenues by 2012 if the third generation (3G) spectrum is not allocated soon to telecom operators, an industry lobby said Monday.

‘The telecom industry is losing a revenue of $3 billion each year on account of delay in spectrum allocation,’ Associated Chambers of Commerce and [...]

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