It wouldn’t be wrong to say that the 3G auctions are worth its weight in gold for the Government. This is because the ongoing auctions have broken all assumptions and metrics which we spoken about before the auctions began. Here is the latest on the 3G auctions. On its 25th Day the 3G auctions crossed the 12,000 crore mark to register bid price for a national licence to Rs 12,851. Now all circles...

MTNL to go International With appointment of MTNL’s new chairman and managing director Kuldip Singh, it’s plans of entering overseas markets have been revived. MTNL now plans to enter Africa by acquiring a new licence or buying an operator. MTNL had already earmarked an amount of Rs. 500 crore for overseas acquisitions last year and it had also prequalified for Nigera Telecommunications Ltd...