Reserve prices are on the higher side

“Wide availability of spectrum across all bands is encouraging as potential bidders can opt for bands and quantum as per their strategy. Having said that, the base price remains an issue for the bidders who were expecting a much lower rate. Clarity around captive spectrum allocation to enterprises directly has been another issue,” Jaideep Ghosh, chief operating officer of Shardul Amarchand Mangaldas & Co, said.

The operators are of the opinion that reserve prices are on the higher side, and the industry’s debt is expected to rise to about Rs 5.7 trillion as of March 31, 2023. However, it will moderate to Rs 5.3 trillion as on March 31, 2025.

CT Bureau