Big companies will go all out
“We expect intense competition for the three available spectrum slots,” said a JPMorgan report last month, adding that the auctions could “stretch balance sheets amid ongoing price wars”.
Billion-dollar bids will not make the auctions a no-contest, because other companies in the fray are no slouches, said telecom analysts. Dual-technology holders such as Reliance Communications (RCOM) and Tata Teleservices are also targeting 3G airwaves across all circles with gusto while others such as S Tel, Videocon and Etisalat are taking a stab at select telecom circles.
Telcos-set-to-make-billion-dollar-calls-at-3G-spectrum-fair
No comments:
Post a Comment