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DoT Allows Foreign Players To Bid For 3G License Without An Indian Partner
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In a landmark decision, the Department of Telecommunication (DoT) has decided to allow the foreign companies, interested in offering telecom services in India to bid for 3G license in India, without partnering with an Indian player, reports The Hindu.
However, the said company will have to partner with an Indian company before starting the operations, as is required by Indian law. The law says that a foreign company can offer services in India, but they should form a joint venture with an Indian company in which they could not hold more than 74% equity.
What this will do is speed up the process of 3G deployment in India. A foreign company can bid for the license, in the meanwhile scouting for a partner.
Its been a while, and the DoT seems almost as efficient as Apple, in managing a PR around 3G. Not a week goes by when there is no news abot DoT and the 3G. And then we are told that its still 6-12 months away. I am happy that the steps to speed it up are taken. However, the real delight will come only after 3G is deployed. This, of course, is subject to the pricing by the Telcos. 
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