Ahead of auctions, Vodafone Idea surrenders spectrum in two circles

Ahead of the spectrum auction in May, Vodafone Idea has surrendered 5 MHz spectrum in 1800 MHz band in two circles – West Bengal and Uttar Pradesh West, according to officials. The spectrum surrendered was up for renewal after a 20-year lease period.

In the absence of timely auction, the government had last month approved interim allocation of spectrum to telcos for renewing the expired spectrum at earlier reserve price, and the balance amount if any was to be adjusted after the auction.