High 3G capital costs add to telecom companies’ woes
Livemint
Pan-India 3G spectrum is expected to cost in excess of $1.5 billion (Rs6,675 crore). Also, telecom operators will have to invest $400-500 million annually for the next two-three years in setting up the 3G telecom network. With such high capital costs, winners of 3G spectrum are likely to see dilution in their earnings in the next two-three years.