Reuters reports that Qualcomm on Tuesday granted 4G broadband spectrum by India, nearly after two years the US chipmaker company paid $1 billion in an auction. The country typically grants spectrum for a period of 20 years but in Qualcomm’s case, the country’s telecom ministry cuts the validity period by 18 months and asked to company to roll out services in 3.5 years.
Qualcomm had won 4G spectrum for four of India’s 22 telecoms zones in 2010 auction. The company said in a statement it was not responsible for the delay in getting the internet license, adding the delay was caused by the ministry’s objection to its application. “We are studying the DoT’s decision and will consider any and all options.”