Blame game begins as 2G auctions end in a disaster

The 2G spectrum auctions ended flat on Wednesday with nearly half the spectrum seeing no bids and the government winning revenues of only Rs. 9,407.64 crore, instead of the Rs. 40,000 crore revenue target. Idea and Videocon won spectrum in 7 telecom circles, Telenor in 6 and Airtel and Vodafone in 1 circle each. 

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