Letter to the Editor

Consumer pays

TS Karthik

Sir — This refers to the ongoing spectrum auction, which is being pegged as a success because of the funds it is bringing to the national exchequer. But, given the high prices at which the telecommunication companies have bought the spectrum, it is expected that the cost will be passed on to the end consumer. Hence, by allocating spectrum to the highest bidder, the Government is filling its coffers but burning a hole in the common man’s purse.