Spectrum acquisitions to yield market share gains for Jio, Airtel: Analysts

The strengthening of spectrum footprints by Bharti Airtel and Reliance Jio in the just-concluded auctions is expected to yield market share gains for the two telcos, arming them with sustainable advantage in the long run and for 5G play, according to analysts.

With the auctions over, the key things to be monitored would be Vodafone Idea Ltd’s (VIL) balance sheet and its potential capital raise, signals of price hike, launch of a Jio-Google smart phone, and 5G spectrum auctions, they noted.

Analysts across-the-board concurred with the government’s view that at Rs 77,814 crore of total bids, the spectrum auction outcome and response had surpassed expectations.