"In July 2008, some six months after the licences were issued, the two ministers, Finance Minister Chidambaram and Telecom Minister Raja, reached an agreement that this round of 2G spectrum would be given at the 2001 price while all future spectrum, including 3G, which was then on the anvil, would be auctioned. Both ministers presented this agreed package to the prime minister at a meeting where I was present. I recorded that decision in the file."