Besides damaging confidence in the Congress-led coalition government, the 2G spectrum scam has also worried investors in Asia's third-largest economy. Suresh Mahadevan of UBS Securities and Kunal Bajaj from Analysys Mason shared their concerns with CNBC-TV18 on the issue.
The Department of Telecommunication's (DoT) secretary R Chandrasekaran has said that the department will firm up views on the Telecom Regulatory Authority of India's (TRAI) recommendations on 2G Spectrum pricing management issue in next few weeks.