Will the 122 licenses do any good today for those who wanted back then?
- Dec 2008 India entered the 3G arena.
- Apr 2010 auction of 3G wireless spectrum was announced.
- By 2010 itself 2G was outdated by 3G.
Why not ? Banks were the owner of those license till those companies pay the loan amount, So banks could sell those spectrum and recover their loan and new companies can use those spectrum under unified license to use as 4G+ technology