Spectrum auction bids may not be aggressive, likely to be in range of Rs 30-60K cr: Analysts ...Middle East

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Spectrum auction bids may not be aggressive, likely to be in range of Rs 30-60K cr: Analysts
source : Devdiscourse ( Middle East ) () 48
The upcoming spectrum auction to be held in March may not see aggressive response from the industry, and bids may be in the range of Rs 30,000 crore to Rs 50,000 crore for the radiowaves valued at around Rs 3.92 lakh crore, according to analysts. Telecom operators are likely to focus on renewal of spectrum and Vodafone Idea may not participate in the auction for renewal of their spectrum in some circles, analysts said on Thursday.

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