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AT&T Applies for Indian Wireless Spectrum Licenses

Date: 11/7/2007 3:18:33 PM

U.S. telecommunications giant, AT&T Inc., said yesterday that it had applied to participate India’s next wireless spectrum auctions, and hoped to acquire airwaves throughout the country in partnership with Mahindra Telecommunications Pvt. Ltd.

“This is an important step toward participating in India’s upcoming spectrum allocation proceedings,” AT&T said in a statement.

The American company has applied for licenses in all 22 of India’s major telecommunications circles, each of which awards licenses separately.

India’s Department of Telecommunications limits foreign direct investment in the telecommunications sector to 74%, which is why AT&T has teamed up with Punebased Mahindra.  Phone Card News Stats


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