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‘Jio to boost spectrum, Bharti’s market share’

According to analysts, the recent auctions by Bharti Airtel and Reliance Jio are expected to gain market share for both telecoms to consolidate the footprints of the spectrum, which will benefit them in the long run.

With the completion of the auction, it will be important to monitor Vodafone Idea Limited’s (VIL) balance sheet and its potential capital raising, signs of price increases, the unveiling of a Jio-Google smartphone, and the 5G spectrum auction.

Total-board analysts agreed with the government’s view that 77,814 crore of the total bids, results and response had exceeded expectations.

Goldman Sachs noted that Bharti and Jio have “significantly” increased their spectrum footprints, and that strengthening radiowave holdings can “help them at the same time keeping market shares under check”. .

The firm stated that in all service sectors and bands, the spectrum was sold at reserve prices, indicating that it was a function of the high-to-expected partnership telecon, which resulted from a bid war to address its medium-term spectrum needs. Was looking to secure.

‘Fees may go up’

Market watchers said that greater participation from telecoms in the auction increases the of a price increase.

Goldman Sachs stated, “Although the March ’21 auction was largely non-event for Vodafone Idea, the company had limited ability to participate in future 5G spectrum auctions (due to a stretched balance sheet). ” .

Moody’s Investors Service said that the spectrum renewal would help consumers preserve their market position while purchasing additional bandwidth would improve network coverage.

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