UNINOR CONTINUES TO OPPOS TRAI'S 2G RESERVE AUCTION PRICING

     (The following press release from Uninor was received by e-mail. It was 
not confirmed by the sender.) 
"We note that the TRAI makes some cosmetic changes and persists with a plan
that evicts new operators. As earlier, we believe this is not the auction
that the court ordered. An opportunity has been missed to correct the flaws,
place all cancelled spectrum into the auctions and invite operators to win
back their licenses. While that hasn't happened, we see the illogical
rollout obligations stay and even a bizarre decision to add more costs
through spectrum charges to an already steep price. These are more steps in
the wrong direction. It has been obvious for some time that the solutions
will have to come from the political leadership of the country. These must
be such that billions in investments and committed foreign investors are not
forced out of India."
 
 
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