Spectrum sale: Limited airwaves, huge investments discourage new entrants, say analysts

Kolkata: An estimated initial requirement of $16 billion (Rs 1.36 lakh crore) for 5G airwaves and network rollouts, coupled with limited spectrum availability in the vital sub-GHz, 1800 MHz, 3.3 GHz and 2300 MHz bands, were significant deterrents that possibly led to no new bidder applying to participate in the upcoming spectrum auction, say analysts.