Bharti Airtel, Vodafone, Idea Cellular and RCom may not bid for 700MHz band: Fitch
Bharti Airtel, Vodafone, Idea Cellular and Reliance Communications may skip the super efficient 700MHz spectrum in the upcoming fiscal, given their stretched balance sheets and need to preserve cash in light of impending competition from the entry of Reliance Jio in March-April 2016, Fitch Ratings said in a note. The firm said that efficiency gains from deploying 4G services on 700MHz will be insufficient to offset the relatively high price. India's... Read More
