Airtel & Idea Say No Need for Holding Spectrum Auctions Now
In separate written submissions to the telecom regulator's consultation paper on spectrum auction, Bharti Airtel and Idea Cellular said that there's no need now for holding spectrum auctions or even its consultation process in the current scenario where the industry is seeing declining profits and revenue due to intense competition. Vodafone, on the other hand, said that timing of auctions should take into account the financial situation of the industry... Read More