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5G spectrum auction in India is getting closer to reality!

“Jio, Airtel and Vi are expected to participate in the upcoming auction. We saw intense competitive bidding last decade when Jio entered the space and acquired big blocks of spectrum to rollout 4G services. It may not be the case this time but Jio is still expected to be the highest bidder, given its healthy financials. Vi bidding intensity can remain muted as the operator has not yet closed its much-needed external funding. Lastly, operators’ sentiments on spectrum allocation to non-telcos can also have an adverse impact to some extent. Nevertheless, the auction would be a big stimulus for revenue generation and digitalisation in India.”
Charu Paliwal, Research Analyst, Counterpoint Research

CT Bureau

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