Govt gets aggressive bids for rural mobile project

Published on Thu, Mar 08, 2007 at 08:31 |  Source : Moneycontrol.com

Updated at Thu, Mar 08, 2007 at 09:05  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr

RELATED NEWS

Reliance Infrastructure, BSNL and GTL Infrastructure have emerged as the lowest bidders for setting up passive cellular infrastructure in over two lakh villages with support from the Universal Services Obligation (USO) Fund.

At the end of the first round of bidding held on Wednesday by the Department of Telecom (DoT), the three companies had quoted the lowest amounts in 80 per cent of the 81 pre-determined districts.

The winner of the project, which will be decided after a multi-stage bidding process, could get as much as Rs 400 crore annually for a five-year period from the USO fund for setting up 7,871 passive cell cites, including towers.

The DoT got response from 21 companies for the project, of which a few like HFCL dropped out at the last minute.

contd on page 2...

  

Trending News

Business News

Indian PC market growth sluggish in Q1; Lenovo tops the list
Reebok execs named in Rs 870 cr fraud denied anticipatory bail "Reebok execs named in Rs 870 cr fraud denied anticipatory bail"

KKR in way of CSK's hat-trick of IPL titles

Rel Comm Q4 Cons Net Revenue Up 5% At `5,310 Cr (QoQ)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 25 2012, 22:26

NHPC posts profit amid capacity addition, delay woes

- in Results Boardroom

Interviews

May 27 2012, 11:52 | Source: CNBC-TV18

Expect to maintain EBIDTA margin ahead: Wockhardt  

May 27 2012, 11:00 | Source: CNBC-TV18

e-commerce market in India: What's in store?  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!