trending Market Intelligence /marketintelligence/en/news-insights/trending/Ia3mVEa9Ljg-Ztq7WZEaVA2 content esgSubNav
In This List

7 telcos qualify to bid in India's spectrum auction

Blog

Live TV still dominates most TV viewing in Asia

Blog

Netflix amortized content spend estimated at $13.6 billion in 2021

Blog

Credit Risk Trends for Telecom & Tech: A Mid-Year 2021 Outlook

Blog

Summer box office rebounds in 2021


7 telcos qualify to bid in India's spectrum auction

Seventelcos qualified to participate in India'supcoming spectrum auction, Indo-Asian News Service reported Sept. 26,citing the official listreleased by the country's Department of Telecommunications.

's , 's , Reliance JioInfocomm, The Reliance-AnilDhirubhai Ambani Group's Reliance Communications Ltd., , Aircel and will takepart in the bidding on Oct. 1, rescheduled from Sept. 29.

Among theseven bidders, only Jio is allowed to bid for spectrum in any licensed servicearea throughout India, the report said. RCom, meanwhile, can bidin any licensed service area, with the exception of the northeast and Assamareas of the country.

A total of2,354.55 MHz of spectrum will be offered in the auction, which the governmentexpects to raise 5.66 trillion Indian rupees.

As of Sept. 26, US$1 was equivalent to 66.58Indian rupees.