DoT has allowed the global firms to try their luck for 3 G spectrum. The existing companies have a lot at stake and are crying foul for obvious reasons. This is different from TRAI’s “recommendations” that only the existing players be allowed to bid for the scarce spectrum.

It’s only going to benefit the dodos flashing their new gen Apple iPhones. Who needs a frigging wireless Internet which can work only in isolated pockets of the four metros? There are enough idiots rooting for the cause and I have a nagging feeling that the existing technologies have not been upgraded to benefit consumers instead. A big sloth, this industry relies on its own lethargy.

The auction is expected to fetch the existing Government crores of rupees which would be funneled in wasteful expenditure and of course line their own Swiss Bank accounts.