The government on Tuesday said the Group of Ministers, to sort out the issues such as the number of slots and reserve price for the 3G services, will be constituted this week.
"GoM is likely to be constituted this week. We are still hopeful that the 3G spectrum option has a possibility of happening before the end of the current fiscal. There is still some time," Telecom Minister A Raja said in New Delhi.
Defence forces would shortly release 15 MHZ of spectrum for the mobile services, soon after a Memorandum of understanding between the Department of Telecom and the Ministry of Defence gets signed in a week.
He said BSNL would launch 3G services in Chennai on February 23.