Idea to spend $1.3bn on spectrum purchase, Airtel may go for selective 700 MHz: Report
Idea Cellular, the country's third largest telco by subscribers, is likely to spend $1.3 billion or around Rs 8,627 crore in buying additional data airwaves in key markets in the upcoming auction around July, according to HSBC. HSBC analyst Rajiv Sharma, in a note, said that the Aditya Birla Group company may add more data capacity in four circles. Further, Idea Cellular, which is likely to spend Rs 6,500-7000 crore... Read More
