Bharti Airtel which won 3G spectrum in 13 circles including the top two competitive circles of Delhi and Mumbai said that the final prices very indeed unreasonable.
“We would like to point out that the auction format and severe spectrum shortage along with ensuing policy uncertainty, drove the prices beyond reasonable levels. As a result, we could not achieve our objective of pan India 3G footprint in this round,” said a company statement.
Bharti Airtel has emerged successful in Delhi, Mumbai, Andhra Pradesh, Karnataka, Tamil Nadu, UP West, Rajasthan, West Bengal, Himachal Pradesh, Bihar, Assam, North East and Jammu & Kashmir.
Its total outflow comes up to Rs. 12,295.46 crores. |