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Govt may garner Rs 5k cr from Phase 3 of FM auctions:Crisil
The licence fee payable is estimated as higher of either 2.5 percent of one-time fee or 4 percent of gross ad revenue over the next 15 years. The amount is significantly higher than what the government earned in the first two phases together, which is estimated to be around Rs 1,500-1,700 crore.