The government's auction of third-generation wireless spectrum doesn’t seem to see the light of the day anytime soon. It is learnt that the auction is likely to be postponed further till December 2010.
The Defence Ministry has also said that there would be no spectrum till September 2010, sources inform CNBC-TV18.
The Law Ministry, sources say, has said that there are legal challenges in the auction. It has also said that the legal issue were due to delayed availability of the spectrum.
Soruce:http://www.moneycontrol.com
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