3G Spectrum Auction – Circle Wise Bidding Expectations
The traditional press is silent about 3G spectrum auction, however, my channel checks indicate of a Telecom cabal. Early reports with Insiders have varying expectations for incumbents, mainly Reliance Communications and Idea Cellular. One section believes that Reliance Communications will throw its bid for all the circles while the other demonstrated a business case for RCom to bid aggressively in only 9 circles and stick to it and wait for more clarity on 3G spectrum for CDMA operators. I first wrote about Idea Cellular and Aircel bidding in coherence and is confirmed again by a top Foreign Financial Institution. This is how the scene so far looks like with no Foreign Operator likely to join the race.
- Bharti Airtel – Likely to bid for all the 22 circles independently
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