Telecom Regulatory Authority of India recommends cutting the reserve price of future 2G auctions by up to 60 percent, with a pan-India 1800MHz license pegged at 14.96 billion rupees (US$231.74 million)…. Telecom Regulatory Authority of India recommends cutting the reserve price of future 2G auctions by up to 60 percent, with a pan-India 1800MHz license pegged at 14.96 billion rupees (US$231.74 million).

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