Rival telcos' moves may worsen VIL woes: report
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 ₹57,123 crore for 488.35 MHz spectrum. “VIL’s positioning may possibly worsen as other operators ...
Source: thehindu.com