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GSMA Warns of Consequences of High Reserve Prices in India’s Forthcoming Spectrum Auction

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LONDON--(BUSINESS WIRE)--Tom Phillips, Chief Regulatory Officer, GSMA, offered the following statement on the Telecom Commission’s decision to increase reserve prices for India’s upcoming 2100MHz spectrum auction: “The GSMA is concerned by the action of the Telecom Commission to increase reserve prices for India’s 2100MHz spectrum auction next month – almost 36 per cent higher than those recommended by the Telecom Regulatory Authority of India (TRAI). Moreover, the proposal by the Government to

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