www.WirelessFederation.com/news: According to the managing director of Idea Cellular Ltd, the company has enough funds to be eligible to bid for the upcoming bandwidth auction for third generation, or 3G, mobile phone services.

India has now planned to hold the auction in February after delaying the bidding for the 3G bandwidth a number of times.

As per the government’s plan, the slots of 3G radio bandwidth will be sold at a base price of INR35 billion for one such slot.