Vodafone and Bharti Airtel Apply for Indian Spectrum Auction
Published on: 15th Jan 2014
Note -- this news article is more than a year old.
Vodafone and Bharti Airtel have both applied to take part in India's forthcoming radio spectrum auction, sparking the applications race to beat the recently extended deadline.
Today is the late date to submit applications, although bidders can then later drop out if they do so before the 27th January.
"Vodafone has filed the first application, followed by Airtel. We are expecting most of the companies to apply," an official source told the BusinessLine newspaper.
The two major networks formally submitting applications will be a relief for the government, which struggled to sell radio spectrum in the last auction due to protests over the high reserve fee that had been set.
Just over 400Mhz of spectrum in the 1800MHz band and about 45 MHz of spectrum in the 900MHz band is being put up for auction.
On the web: BusinessLine