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Telecom Spectrum Auction

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  • DoT demands Rs 21,919 crore from three big telcos for spectrum bought

    The government managed to sell 855.60 megahertz (MHz) of the spectrum which is 37 percent of the offered 2308.80 MHz by volume and 19 percent by value

  • Spectrum acquired in 5 circles to boost 4G coverage, capacity: Vodafone Idea

    In a statement issued after the conclusion of the spectrum auctions on Tuesday, VIL said it has used "this opportunity to optimise spectrum holding post-merger to create further efficiencies in few circles".

  • Bharti Airtel acquires spectrum worth Rs 18,699 crore in auction

    The telco has acquired 355.45 MHz spectrum across Sub GHz, mid band and 2300 MHz bands, giving it "most formidable" spectrum holding in the country, Airtel said in a statement.

  • Spectrum auction begins today: All you need to know

    The three big telcos - Airtel, Vodafone Idea, and Reliance Jio will participate in the auction. The spectrum bought will be valid for 20 years.

  • Idea's operational performance to pick up: PhillipCap

    India's telecom spectrum auction closed Thursday with the government raising about Rs 65,700 crore. Naveen Kulkarni of PhillipCapital. He said that the brokerage has a buy call on both Bharti Airtel and Idea Cellular. While Idea's financial performance may take a beating, its operational performance will pick up going ahead, he added.

  • Bharti, Idea surge 4-5%; BoAML raises target post auction

    Shares of Bharti Airtel and Idea Cellular rebounded on Monday after brokerage house Bank of America Merrill Lynch (BoAML) raised target price by 17 percent and 29 percent to Rs 350 and Rs 205 on both stocks (post auction), respectively.

  • Bharti, Idea crash as spectrum payout to hurt balancesheets

    Telecom stocks saw big sell off on Friday as investors worried about the spectrum payout impact on the companies' balance sheets. Bharti Airtel, Idea Cellular and Reliance Communications plunged 6-8 percent intraday today while Tata Teleservices declined 2 percent.

  • Telecom tariffs may rise, stocks to rally post auction: UBS

    Now that telcos have secured spectrum for 20 years, albeit at a higher price, tariffs may rise and fundamentals may improve for the telecom sector, UBS telecom analyst Suresh Mahadevan says. Telecom shares too may rally.

  • Will costly spectrum auction result in tariff hike?

    Sanjay Kapoor, former CEO, Bharti Airtel believes operators will perhaps have to pass on the costs to consumers, leading to higher prices, considering services cannot continue to be cheap when raw material price is so high. But, Romal Shetty, ED & national head of KPMG says new entrants will make it tough for existing players to hike prices.

  • Govt gets bids in all circles for both bands of spectrum

    The government expects to garner at least Rs 11,300 crore in the current financial year from the auction.

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