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Spectrum price: Kicking the can, again

On the face of it, the Telecom Commission hasn’t really rejected the telecom regulator’s (Trai) recommendations on lowering the reserve price for spectrum auctions, it has merely asked for some more clarity. So it has asked Trai to explain how it came to its conclusions that a 60% reduction in the earlier base price of R18,000 crore for a 5MHz pan-India slot was arrived at.

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