IND: 3G auction in December

The Indian Government has confirmed it will auction 3G wireless spectrum from December 7.

Companies interested in participating in the auction must apply by November 13.

The auction will allow for high-speed internet and video downloads on mobile phones. It was originally planned for January 2009 but was delayed after the finance ministry wanted the reserve price to be doubled.

Last month, the base price for pan-India 3G spectrum was revised by a ministerial panel to 35 billion rupees  (£434.1 million) from 20.20 billion rupees.