Fitch says 5G auction may be further delayed if government focuses on 4G sale next year

India’s much-awaited 5G spectrum sale could be delayed if the government focuses on a 4G auction in 2021, said Fitch Ratings, also predicting limited participation from older carriers, Bharti Airtel NSE 3.53 % and Vodafone Idea as 5G spectrum pricing remains exorbitant coupled with the lack of relevant use cases.

“5G spectrum auctions could be delayed if the government prioritises 4G auctions in 2021 to allow telcos to renew spectrum in 800/900 Mhz bands in certain states,” Fitch said in a note Monday.