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Investors next week will eye the spectrum auction in the 1,800 Mhz and 900 Mhz band that starts Monday and is expected to see intense competition as incumbents will seek to retain their spectrum expiring in November. Five telecom companies--Bharti Airtel Ltd, Reliance Jio Infocomm Ltd, Idea Cellular Ltd, Telenor's Telewings Communications Services Pvt Ltd and Aircel Ltd--are eligible to bid for pan-India spectrum in the upcoming auction. Reliance Communications, Vodafone India Ltd and Tata Teleservices Ltd have also decided to participate, albeit in select circles.
The government plans to put on the block 403 Mhz of pan-India spectrum in the 1,800 Mhz band and 46 Mhz of spectrum in the 900 Mhz band for Delhi, Mumbai and Kolkata circles. The government has set the base price for 1 Mhz of pan-India spectrum in the 1,800 bandwidth at 17.20 bln rupees.
Investors will eye the bids placed by Bharti Airtel, as the company's entire spectrum holding in the 900 Mhz band for Delhi and Kolkata will be up for grabs, which it is expected to bid aggressively to retain. Bharti Airtel's licences in 900 Mhz band for Delhi and Kolkata is set to expire in November. The 900 Mhz is the most efficient band used by telecom companies and has been the bread and butter for Bharti Airtel.
Investors next week will eye the spectrum auction in the 1,800 Mhz and 900 Mhz band that starts Monday and is expected to see intense competition as incumbents will seek to retain their spectrum expiring in November. Five telecom companies--Bharti Airtel Ltd, Reliance Jio Infocomm Ltd, Idea Cellular Ltd, Telenor's Telewings Communications Services Pvt Ltd and Aircel Ltd--are eligible to bid for pan-India spectrum in the upcoming auction. Reliance Communications, Vodafone India Ltd and Tata Teleservices Ltd have also decided to participate, albeit in select circles.
The government plans to put on the block 403 Mhz of pan-India spectrum in the 1,800 Mhz band and 46 Mhz of spectrum in the 900 Mhz band for Delhi, Mumbai and Kolkata circles. The government has set the base price for 1 Mhz of pan-India spectrum in the 1,800 bandwidth at 17.20 bln rupees.
Investors will eye the bids placed by Bharti Airtel, as the company's entire spectrum holding in the 900 Mhz band for Delhi and Kolkata will be up for grabs, which it is expected to bid aggressively to retain. Bharti Airtel's licences in 900 Mhz band for Delhi and Kolkata is set to expire in November. The 900 Mhz is the most efficient band used by telecom companies and has been the bread and butter for Bharti Airtel.
