Telcos May Buy Spectrum Worth Rs 71,000 Cr in 5G Auction: IIFL Report

The three private telecom operators - Reliance Jio, Bharti Airtel and Vodafone Idea are expected to buy spectrum worth Rs 71,000 crore in the upcoming auction, leaving a vast majority of the radiowaves going under the hammer unsold, according to research firm IIFL Securities.

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