Day 4: Vodafone commits maximum bids, pips Jio, Airtel

Vodafone India has committed bids worth Rs 17,500 crore, the highest in the auction till now, pipping Mukesh Ambani-led Reliance Jio , which committed bids worth 16,500 crore at the end of fourth day of bidding, Business Standard reported.

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The report said that Idea Cellular committed bids worth Rs 15,500 crore, followed by market leader Bharti Airtel at Rs 13,500 crore and Tata Teleservices at Rs 7,000 crore.

Tata Teleservices has spent Rs 550 crore in Mumbai alone where its licence is coming up for renewal. It will now retain spectrum in the 1,800 Mhz band in the circle.

Vodafone and Idea are looking to increase their 4G holdings to bridge the gap with Airtel and Jio, which have pan-India holdings. Over the past four days, both number two and three telcos have been focusing mainly on the 4G bands of 2300 MHz and 1800 MHz.

Indian telcos added about Rs 2,500 crore on the fourth day, taking the overall value of bids to Rs 63,500 crore at the end of 23 rounds. Of the 2,354.55 Mhz up for auction, 956 Mhz has been sold so far.

Bharti Airtel, Vodafone, Idea Cellular, Reliance Jio, Aircel, Reliance Communications and Tata Teleservices are in the fray for acquiring 3G and 4G airwaves in the ongoing spectrum. Notably, all these telcos haven’t bid for the expensive 4G band of 700 MHz so far.

Also read: Day 4 of Spectrum auction 2016- Bidding activity losing steam with no fresh bids in 2100/2300 MHz bands

Spectrum bids by Indian telecom operators are aimed at boosting 4G airwaves with entire spectrum in 2,300 Mhz, 74 per cent in 1,800 Mhz and 57 per cent in 2,500 Mhz band being sold, brokerage CLSA.

“Nearly half of 3G spectrum put up for auction is witnessing traction, though not over any premium. The operators are clearly looking to plug the coverage gap in their 3G footprint,” said Prashant Singhal, Global telecom leader, EY.

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11 Comments on "Day 4: Vodafone commits maximum bids, pips Jio, Airtel"

 

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DGupta
October 6, 2016 2:38 pm 2:38 PM

If you consider how far behind Vodafone and Idea are from Jio and Airtel in 4G spectrum, you should expect them (Vodafone and Idea) to be much ahead in bidding for spectrum.

Maybe the the pricing is low (near reserve price) in many areas due to large amount of spectrum put up for auction. This could be helping Vodafone and Idea pick up lot of spectrum at not very high costs.

At least Vodafone will also try to combine it with wired broadband and wifi to meet the demand for data in major markets like Mumbai.

Aks
October 6, 2016 1:55 pm 1:55 PM

Unless each operator provides 20 GB data at 1000 a month validity …. 2G 3G or 4G everything will be flop ….

Deepak Vasudevan
October 6, 2016 6:31 pm 6:31 PM

They will sing 2G 3G 4G SoniaG (boogie)

Sukumar Patel
October 6, 2016 2:22 pm 2:22 PM

Dream On|| Tell me a global player with those rates.

dskushwaha
October 6, 2016 6:24 pm 6:24 PM

What is there to dream? If they can’t provide large quantity of data 2G is better for Whatsapp and casual browsing

Rocky
October 6, 2016 3:15 pm 3:15 PM

Forget just 20 GB, BSNL is offering unlimited 3G data at a meager price tag of 1099 with 28 days validity with no FUP.

Jyotirmoy Manna,Howrah,Kolkata
October 6, 2016 7:29 pm 7:29 PM

Check physically whether it is 3G or G.

SonuSB
October 6, 2016 7:28 pm 7:28 PM

+1000

Rambo
October 6, 2016 1:52 pm 1:52 PM

Good no ICRA bullshit …. Every body on there own now…

Vodafone Idea Jio and Airtel .. all should have 2300

Aleast four operators along with BSNL for competition

wpDiscuz