Spectrum Auction 2021 - Countdown Begins With Guidelines: ICICI Securities  
A telecom tower. (Photographer: Susana Gonzalez/Bloomberg)

Spectrum Auction 2021 - Countdown Begins With Guidelines: ICICI Securities  

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.

ICICI Securities Report

The Department of Telecommunications has released its notice inviting applications for the spectrum auction scheduled to start on March 01, 2021.

Spectrum supplies across bands remain excessive (including spectrum coming up for renewal in CY21).

Final auction prices are same as recommended by the regulator in CY18, and 800 megahertz reserve prices are 18.5% lower than the October 2016 reserve prices, while 1800/2300MHz prices have been increased by 14.5% and 17.5% respectively.

700MHz band prices remain significantly high to find any bidders.

Click on the attachment to read the full report:

ICICI Securities Telecom Spectrum Update.pdf

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