Telecom analyst Kunal Bajaj is of the opinion that a reduction of 30 percent is not enough. He clarifies that the notion of a reserve price seems to be very fictitious as it is not the price that the auction is believed to close at. Rather, the reserve price is supposed to be an offer price where the auction is supposed to start.
In an interview to CNBC-TV18, independent telecom analyst Kunal Bajaj says it is inline with expectations. "Telecom operators have come out in unison and basically said that the reserve prices are indeed very high for almost all of the circles," he adds.
Telecom analyst Kunal Bajaj explains to CNBC-TV18 that he expects the impact of the retainment of 2.5 Mhz in the 900 Mhz on refarming to be positive and it would be difficult to estimate the revenues that would accrue to the government.
Telecom tribunal TDSAT today gave a split verdict in the 3G intra-circle roaming case. Kunal Bajaj, Analysys Mason says, it is not a respite because there is continued uncertainty.
The Indian telecom sector is widely acknowledged as a poster child of the Indian reform story that started 20 years back and has led to some spectacular gains. But the success story has unraveled. Today the sector is in the midst of an unprecedented crisis like never before. Joining me today to discuss this is a panel of experts and lawyers.
CNBC-TV 18's special show, a panel dicussion on the future of wireless, focuses on the key challenges faced by the telecom sector in India and the future for this sector.
Besides damaging confidence in the Congress-led coalition government, the 2G spectrum scam has also worried investors in Asia's third-largest economy. Suresh Mahadevan of UBS Securities and Kunal Bajaj from Analysys Mason shared their concerns with CNBC-TV18 on the issue.
Vodafone will take control of Essar's 33% of the Vodafone Essar Limited company, giving it 75% of the Indian operator overall. In an interview with CNBC-TV18, Kunal Bajaj, Analysys Mason, speaks about the issue and gives his outlook going forward.