Spectrum auction may see minimal competition

NEW DELHI: Going by reserve prices, spectrum worth over Rs 3.92 lakh crore is set to go under the hammer come March 1. But analysts say that telecom operators are likely to be shopping for value for money purchases and not renewing licences for all their expiring spectrum assets.

As it is, even if Bharti Airtel, Vodafone Idea, and Reliance Jio bid for all spectrum licenses that are expiring at the reserve price, this would only account for around Rs 50,000 crore out of the Rs 3.9 lakh crore worth airwaves available.