Devesh
Core Member
Idea Cellular Ltd and Vodafone India Ltd will seek to outbid their rivals—market leader Bharti Airtel Ltd and new entrant Reliance Jio Infocomm Ltd—in the auction of spectrum (radio waves) that starts on 29 September, experts and analysts say.
The two telcos, both based in Mumbai, will need to fill gaps in their spectrum. Thanks to some smart acquisitions, Airtel is sitting pretty with 769.9 megahertz (MHz) of spectrum across the 22 circles into which India’s telecom geography is divided. The Mukesh Ambani-promoted Reliance Jio, which is yet to launch its operations commercially, is also comfortably placed with 595.8MHz of spectrum across India. In contrast, Vodafone has 301.8MHz and Idea 270.7MHz.
Spectrum worth Rs.5.63 trillion at the base price will go under the hammer in India’s largest auction of mobile airwaves, the government said on Monday. Bidding will begin on 29 September, with 2,354.55MHz of spectrum up for grabs.
The government expects telecom companies to bid aggressively in the auction as they seek to improve the quality of their service.
Vodafone, Idea need spectrum most, will drive 29 September auction - Livemint
The two telcos, both based in Mumbai, will need to fill gaps in their spectrum. Thanks to some smart acquisitions, Airtel is sitting pretty with 769.9 megahertz (MHz) of spectrum across the 22 circles into which India’s telecom geography is divided. The Mukesh Ambani-promoted Reliance Jio, which is yet to launch its operations commercially, is also comfortably placed with 595.8MHz of spectrum across India. In contrast, Vodafone has 301.8MHz and Idea 270.7MHz.
Spectrum worth Rs.5.63 trillion at the base price will go under the hammer in India’s largest auction of mobile airwaves, the government said on Monday. Bidding will begin on 29 September, with 2,354.55MHz of spectrum up for grabs.
The government expects telecom companies to bid aggressively in the auction as they seek to improve the quality of their service.
Vodafone, Idea need spectrum most, will drive 29 September auction - Livemint