"Airtel, Vodafone and Idea Cellular have submitted their application forms," an official source said.
The final 2G auctions may have given the government a big reason to smile, but telecom companies, at their end, are not feeling as euphoric.
Buoyed by increased revenue per minute and subscriber churn from smaller operators, telecom majors are expected to post higher revenues and margins in the fourth quarter of the last fiscal, says a Barclays report.
CNBC-TV18‘s Malvika Jain reports on the highlights of a conference organised by the the DoT in the run-up to the next round of 2G auctions on Thursday.