Vodafone, Idea may spend $4.5 bn for data spectrum to counter Jio, Airtel
The upcoming mega spectrum sale will be crucial for Vodafone and Idea Cellular as they may look at getting pan-India footprint for 4G services with their aggressive bids. Both the telcos are expected to spend roughly $3 billion and $1.5 billion, respectively, to primarily acquire 4G spectrum, according to an Economic Times report. Both the telcos currently lag behind market leader Bharti Airtel and Reliance Jio Infocomm on the 4G... Read More
