26 June 2024

India sold 141MHz of spectrum for ~$1.3B in an auction, down from $19B in 2022, as the country's three remaining private operators rein in capital spending (Bloomberg)

Bloomberg:
India sold 141MHz of spectrum for ~$1.3B in an auction, down from $19B in 2022, as the country's three remaining private operators rein in capital spending  —  - Bharti Airtel bought 97 MHz of airwaves for $820 million  — Analysts had forecast that demand for spectrum may be limited

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