MOBILE PHONES: 3G auction earns India 14. 6 billion dollars

Ending an epic auction, Vodafone and Bharti paid a combined $5. 1 billion for 3G mobile licenses in India. Reliance Communications also won the right to provide third-generation services in a deal that will generate $14. 6 billion for the government.

View full post on BUSINESS / TECH – latest business and tech news report, read news on business, technology, banking, industry, media and e-business