"The TTSL management is very delighted with the outcome of the 3G spectrum auction, especially as we have bagged the best telecom Circles from the perspective of their cumulative market potential, particularly so when we take into consideration the overall spend on these."

"Significantly, we have covered the entire geography of prosperous India on the Western side, while there is no entanglement with Category 'C' circles-- therefore, this has proven to be a most capex-optimized bidding for us."

"TTSL did pursue the major metros in the country, but decided to drop out of the bidding when the sheer outlay made these a winner's curse..."

“TTSL management is heartened by the outcome of the bidding process and now hopes that the rules of the auction will not be changed mid-way."