TATA and Aircel not allowed to bid for new airwave, how will DOT decision affect Aircel and TATA?
DOT has published the list of pre-qualified bidders for March 5th spectrum auction. TATA and Aircel will not be allowed to bid for new spectrum as both companies have declared negative net worth. They are only allowed to buy additional spectrum in circles where they already offering its services. In the list of pre-qualified bidders, Bharti Airtel has the highest net worth at Rs 73069.60 crores followed by Reliance Jio Infocomm Rs 23029.58 cores.... Read More