Strategic Spectrum Bidding: Navigating Vodafone Idea's Approach in the 2024 Indian Telecom Auction
By bidding for the 26 GHz band, Vodafone Idea (VI) can reduce its GSM vertical Spectrum Usage Charges (SUC) by an additional 44%, enhancing its potential to monetize the spectrum as it becomes viable.
The upcoming spectrum auction in India, scheduled for June 6, 2024, marks a critical juncture for telecom operators, with the government setting a reserve price of Rs 96,000 crore for the available spectrum. To participate in bidding for the entire spectrum, an Earnest Money Deposit (EMD) of Rs 8,028 crore is required. While telecom giants like Bharti A…
Keep reading with a 7-day free trial
Subscribe to Parag’s Substack to keep reading this post and get 7 days of free access to the full post archives.