The Supreme Court of India delivered a strong verdict recently, cancelling all of the 122 licenses which were allotted during the shady 2G spectrum auction, and creating ripples amongst the industrial and political circles. TRAI (Telecom Regulatory Authority of India) has been instructed to come up with new framework for the fresh allocation of licenses and it would mostly be modeled upon the recent 3G auction which fetched rich gains for the government.

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