India broadband spectrum auction ends -govt

NEW DELHI, June 11 (BestGrowthStock) – India’s wireless broadband
spectrum auction ended on Friday after 16 days of bidding, the
government said.

Unlisted Infotel Broadband Services won spectrum in all the
22 zones, while U.S. chipmaker Qualcomm (QCOM.O: ) and leading
Indian mobile firm Bharti Airtel (BRTI.BO: ) won spectrum in four
zones each.

Aircel won spectrum in eight zones.

Vodafone’s India unit (VOD.L: ), Reliance Communications
(RLCM.BO: ) and Idea Cellular (IDEA.BO: ) did not win broadband
spectrum in any of the zones, according to a government
statement.

Stock Research

(Reporting by Devidutta Tripathy and Prashant Mehra)

India broadband spectrum auction ends -govt