Upcoming Spectrum Auction - Will We See Another Fierce Battle For Supremacy?: Motilal Oswal
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Motilal Oswal Report
The spectrum auction will begin on March 01, 2021.
Given the consolidation in the sector over the last decade, we hope telecom companies will say goodbye to the old irrational and desperate price bidding to acquire the limited available spectrum.
We expect low competition intensity as there is sufficient spectrum, and different band usage and priorities of each player.
Reliance Jio/Bharti Airtel Ltd./Vodafone Idea Ltd. need to spend Rs 280 billion/Rs 129 billion/Rs 83 billion at the reserve price to renew their existing spectrum.
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