Eight telcos to compete in spectrum auction race
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In the biggest ever spectrum auction that may fetch the government nearly Rs 1 lakh crore, The auction is scheduled to start from March 4.
However,
Currently, most of the spectrum that is available for the auction is held by Idea Cellular, Vodafone,
According to the PTI report, 9 circles of Mumbai-headquartered Idea Cellular, 7 circles each of Vodafone and Reliance Telecom, and 6 circles of Airtel are coming up for renewal. In total, there are 29 spectrum licences expire in 18 service areas in 2015-16.
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If these telecom firm wish to continues offering their services to the customers, it is mandatory for them to bid for spectrum. So it would be interesting to see who gets what on March 4.
(Image: BCCL)
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