5G Spectrum Auction - A Big Fanfare: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.The 5G spectrum auctions saw a good all round participation over the last seven days, despite just four participants, thanks to: a significant quantum of spectrum available across bands, with sufficient caps to limit any price increase,aggressive participation by Reliance Jio, Bharti Airtel Ltd., and even Vodafone Idea Ltd. RJio/Airtel spent Rs 881 billion/Rs 431 billion, in line with their EMD submissions of Rs 140 billion/Rs 55 billion, but much above our initial expectations. The 5G bands – 3300 megahertz, 700 MHz, and 26 GHz – has seen wide participation to the tune of Rs 1.35 trillion (90% of the total auction value), indicating a big thumbs up to 5G, despite reservations on ecosystem development. Around Rs 136 billion (9% of auction value) was spent on existing bands (1800-2100 MHz)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

5G Spectrum Auction - A Big Fanfare: Motilal Oswal