Fresh auction with reduced price for 700 MHz cannot be ruled out: ICRA
Credit ratings agency ICRA expects a fresh auction with reduced price for 700 MHz, following the industry feedback in form of non-participation in the 700 MHz band and the quantum of spectrum remaining unsold. Although 700 MHz band has higher efficiency for data services, it was expensively priced and the ecosystem around the band is not fully developed, which resulted in no participation in this band, the agency said. The agency... Read More