Telcos may go easy on spectrum bidding

Kolkata: Upcoming 5G spectrum sale is unlikely to see any fierce bidding war as top telcos have little airwaves coming up for renewal this year and a bulk of the airwaves they bought in the previous auction remains unused, analysts said.

Bharti Airtel and Vodafone Idea (Vi) merely have to renew airwaves worth only around Rs 4,200 crore and Rs 1,950 crore, respectively, while market leader Reliance Jio has no spectrum renewals this year.