India 3G Spectrum Auction is Over, Costing $ 14.7 Billion to the Winners

So the race for 3 sets of 3G license for 22 circles is over and now is the time to en-cash the prizes, I mean, a rewarding pricing structure. However, with consumers already tasting the blood with highly competitive 2G service, it would be worth watching how these mobile operators strategise a profitable proposition out of it. 14.7 Billion dollar is a huge investment and the majority of that is...