Surprisingly large mid-band spectrum purchase to boost Vi's 4G: Analysts

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Surprisingly large mid-band spectrum purchase to boost Vi's 4G: Analysts - Business Standard

Quick Summary:

However, with the latest spectrum auction wins, there will likely not be any significant change in competitive dynamics between the three operators, analysts said.

Jio and Bharti already control a combined 78 per cent of the sector revenue."Jio and Airtel already control a combined 78 per cent of the sector revenue, which we forecast will reach 83 per cent by FY26.

With bids worth Rs 6,856 crore, Bharti Airtel was the biggest buyer of airwaves, purchasing 97 MHz spectrum.