SC allows finalisation of telecom spectrum bids


Posted on 26th Mar 2015 02:55 pm by mohit kumar

New Delhi, March 26 (IANS) The Supreme Court on Thursday allowed the government to finalise the auction of telecom spectrum and announce the winners, but with a caveat.

The finalisation of the results will be subject to the outcome of the cases being heard by the apex court.

The telecom auction concluded on Wednesday after 19 days, with a total bid commitment of nearly Rs.110,000 crores from the eight players in the fray.

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