Spectrum Auction Coming Soon: Motilal Oswal
A telecom tower. (Photographer: Susana Gonzalez/Bloomberg)

Spectrum Auction Coming Soon: Motilal Oswal

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

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