3G licenses go under hammer
By Mehul Srivastava | China Daily | Updated: 2010-04-10 07:28
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A trader makes a call on his cell phone outside the Bombay Stock Exchange in the central business district of Mumbai, India. Price competition that's pushed call rates down to among the cheapest in the world and aggressive advertising have kept India's voice market growing. Paul Hilton / Bloomberg |
Firms may fork out up to $3b for slice of India's huge, lucrative mobile market
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