The 2G Auction: Programmed to Fail!

Paranjoy Guha Thakurta, journalist and a well known commentator on telecom, discusses with Newsclick how this auction was programmed to fail. Inspite of it's failure, it has got the same amount of revenue with less than 20% of the spectrum being sold that is what Raja had given away in 2008 in his first-cum-first served policy.