Govt gets only Rs 1,707 cr from 2G spectrum auction

As telecom companies on Saturday made payments for the spectrum they had bid for in the recently concluded auctions of the 1,800-MHz band, the government’s total realisation from the process stood at only Rs 1,706.92 crore, against the Rs 40,000 crore it had hoped to garner from the auction and as one-time spectrum fee from incumbent operators.

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