Telecom operators to shell out Rs. 1 lakh cr. for spectrum : Crisil

July 31, 2016

broadbandIndia’s telecom operators are likely to fork out about Rs.1 trillion (Rs.1 lakh crore) to buy spectrum at the upcoming auctions, according to Crisil. The rating agency added that of this, nearly 75 per cent would be spent by private telecom operators.
“Our view is based on an analysis of circle-wise market position and spectrum holdings of operators, the trends and stupendous growth projected in data usage, and the likely competitive scenario,” it said in a press statement. Source

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