Spectrum Auction Coming Soon: Motilal Oswal

Spectrum Auction Coming Soon: Motilal Oswal

A telecom tower. (Photographer: Susana Gonzalez/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

On December 16, 2020, the Union Cabinet approved the auction of the 700 megahertz, 800MHz, 900MHz, 1800MHZ, 2300MHz, and 2500MHz spectrum bands for a validity of 20 years.

The auction process may start by the last week of January 2021 (notice Inviting applications may be rolled out this month).

As a result, the auction could happen before March 2021, in line with our expectation.

In the upcoming auction, total spectrum of 2251.25MHz would be auctioned with a steep valuation of Rs 3.9 trillion.

Click on the attachment to read the full report:

Motilal Oswal Telcom Sector Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES