While we continue to read headlines on this topic in India, here is something from the US:
AT&T bought sub-700MHz spectrum for LTE technology at 1.93B US$
http://mashable.com/2010/12/20/att-qualcomm-spectrum/
Businessweek says that translates into 87 cents per subscriber - Standard rates. So it is up to them on how many of those potential 300 Mn subs they convert.
And here is an interesting article on Indian Tech Space
20-Dec-2010
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