Spectrum Auction - It’s All About Advancing The Pawn, Says ICICI Securities
A telecom tower stands on top of a building. (Photographer: Susana Gonzalez/Bloomberg)

Spectrum Auction - It’s All About Advancing The Pawn, Says ICICI Securities

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ICICI Securities Report

Though the general perception is that the upcoming auction will be focused on renewing spectrums expiring in CY21, fact is that renewal of spectrum has now become less relevant.

The auction could used by operators to align their spectrum portfolio for eventual launch of 5G and to strengthen their existing 4G services. 1,800 megahertz and 2,300 MHz bands would play a crucial role in the fast-evolving 5G ecosystem.

700 MHz is becoming popular in sub-GHz bands for 5G rollout, but the forthcoming auction would be a miss for this band due to higher reserve price.

Click on the attachment to read the full report:

ICICI Securities Telecom Spectrum Auction Update.pdf

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