Airtel, Jio may spend more to buy spectrum in March auctions


Both Airtel and Jio have 5G-ready networks. Bulking up existing spectrum will allow telcos to launch 5G services immediately without waiting for sale of 5G airwaves.

Synopsis

As a result, the government could net as much as Rs 8,000 crore more than the roughly Rs 40,000 crore estimated from the March sale of 4G airwaves.

Kolkata: Bharti Airtel and Reliance Jio Infocomm may spend 15-20 per cent more than previously projected to buy spectrum in the March auctions, prompted by the government’s move to halve the notice period that operators need to give to offer new technologies such as 5G on 4G airwaves, said analysts.As a result, the government could net as much as Rs 8,000 crore more than the roughly Rs 40,000 crore estimated from the March sale of 4G airwaves.

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Already a Member?

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise





Source link