With $4.5 billion of bids for 4G spectrum, Vodafone and Idea are going to give other telcos a tough time
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India’s second and third largest mobile service providers, viz.
While Vodafone India will put down bids for roughly $3 billion, Idea’s estimates are said to be worth $1.5 billion; both want to maximise their data spectrum holdings in the 1800 MHz and 2100 MHz bands. However, as per industry analysts, Vodafone may also handpick some 2300 MHz spectrum, majorly in Indian metros.
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As per industry experts, the spectrum sale will attract a maximum of $10 billion to $12 billion, which would be less than even the one-seventh of the $83 billion that can be earned if the government sells all airwaves on offer at their base prices.
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