Rival Telcos News Today

It bought only 11.80 MHz in auction The positioning of Vodafone Idea (VIL) — which picked up a modest 11.80 MHz spectrum — could potentially ‘worsen’ as rival telcos will be able to boost their coverage and capacity after buying additional radiowaves in the just-concluded auctions, according to a report. VIL has bought spectrum to cover minor gaps in five circles for ₹1,993.4 crore, while Bharti Airtel shelled out nearly ₹18,700 crore for 355.45 MHz radio waves and Reliance Jio ₹...

Indias first auction of telecom spectrum in five years ended on Tuesday with Rs 77,814.8 crore of airwaves being acquired by telcos and billionaire Mukesh Ambanis Reliance Jio spending the most.