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Will keenly watch Rel Jio's strategy in spectrum bid: IIFL

Reliance Jio has emerged on top of the heap in the upcoming spectrum auction after it submitted Rs 4,500 crore as earnest money deposit â€” the highest among telcos. Speaking to CNBC-TV18, Bhavesh Gandhi, Telecom Analyst at IIFL, said it signals towards aggressive competitive bidding in the next month's spectrum sale.

first published: Feb 19, 2015 04:03 pm

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