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Technology Stocks : GLOBALSTAR - The New Beginning - GSTRF / GSTRQ

GSAT 41.56

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From: pcstel	3/20/2010 2:05:28 PM
	of 65

More on the Indian 4G spectrum auction... The Department of Telecom on Friday said nine telecos have submitted their bids for the auction of 3G spectrum (auction guidelines). The bids will start at 35 billion rupees ($770 million) for a slot covering all the service areas, but analysts expect each winner to spend between $1 billion and $1.5 billion due to the huge demand for scarce spectrum and cut-throat competition. India plans to auction two 20 MHz unpaired blocks at 2.3 GHz in each of the country’s 22 service areas for 4G (LTE or WiMAX) on April 9th. The base price for a pan-India spectrum slot is set at $386 million. ............................ A winning bid would turn Qualcomm into a joint venture partner. Qualcomm would find an Indian partner if it succeeds in the auction, as per telecommunications rules in India. I think we might get an idea of what 18 Mhz of Nationwide S Band Spectrum in India IF capable of ATC is worth here shortly. dailywireless.org From the earlier article... Message 26351097 PCSTEL

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