Telecos to buy 4G spectrum following the rise in data consumption

Telecos to buy 4G spectrum following the rise in data consumption – COAI. Reliance Jio and Bharti Airtel are presumed to be the key bidders. Government is planning to hold the next round of spectrum auction by October 2020. Earlier, the telecom sector opposed spectrum auction citing financial stress. The government has relaxed payment terms for auctions for the upcoming rounds.

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