India to conduct 3G Auctions on April 9, 2010

The Government of India has announced the much-awaited Schedule of 3 G Auction.

The auction process for 3G will follow the schedule given below:

Notice inviting applications will commence on 25th February, 2010 and the last date of submission of application is 19th March, 2010.

The Publication of ownership details of applicants will be 26th March, 2010 and the pre-qualification of bidders will be on 30th March, 2010.

The Mock auctions will be on 5th and 6th April, 2010. The Start of 3G auctions is on 9th April, 2010 and the start of BWA auctions is 2 days after the close of 3G auctions.

Source : Equity Bulls

Keywords