High intensity bidding expected in certain 4g bands
NEW DELHI: With all three major private sector telecom service providers having filed applications for participation in the upcoming 4G spectrum auctions in March, analysts expect the bidding to be the most competitive in 4G bandwidths that have the capability to eventually offer 5G services.
While the 3300-3600 Mhz band officially earmarked for 5G services has been left out of this round of auctions, over 2,300 MHz of airwaves is going under the hammer with an aggregate reserve price of Rs 3.92 lakh crore. Analysts expect the government to sell far less (at around Rs 50,000 crore), spectrum in certain bands are expected to see highly competitive bidding.