Bharti Airtel, Reliance Jio, and Vodafone Idea declared as Pre-Qualified Bidders for Spectrum Auction 2021

Bharti Airtel, Reliance Jio, and Vodafone Idea declared as Pre-Qualified Bidders for Spectrum Auction 2021

The Department of Telecommunications (DoT) today declared Bharti Airtel, Vodafone Idea, and Reliance Jio as pre-qualified bidders for the auction of spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, and 2500 MHz bands. The trio submitted an application fee of Rs 1 lakh each for Spectrum Auction 2021.

List of Pre-Qualified Bidders

Contrary to earlier media reports, the EMD amount submitted by Vodafone Idea and Reliance Jio differs from what was tipped. Bharti Airtel has submitted an EMD amount of Rs 3,000 crores, Reliance Jio submitted Rs 10,000 crores, and Vodafone Idea submitted a paltry Rs 475 crores as EMD amount.

Bharti Airtel, Reliance Jio, and Vodafone Idea can bid in any spectrum in any LSA subject to Eligibility Points, EMD amount, and spectrum cap. Bharti Airtel has been allocated 24924 EPs, Reliance Jio has been allocated 73007 EPs, and Vodafone Idea has been allocated 6153 EPs.

As reported earlier, the net worth of Bharti Airtel is Rs 71,303.1 crores, the net worth of Reliance Jio is Rs 1,79,617 crores, and the net worth of Vodafone Idea is Rs (-) 43,474.7 crores. The paid-up capital of Bharti Airtel is Rs 2,727.8 crores, the paid-up capital of Reliance Jio is Rs 1,54,125, and the paid-up capital of Vodafone Idea is Rs 28,735.4.

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The Department of Telecommunications (DoT) today declared Bharti Airtel, Vodafone Idea, and Reliance Jio as pre-qualified bidders for the auction of spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, and 2500 […]

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Avengers
Avengers
17 days ago

When is this auction gonna take place?

Esmail Beguwala
Reply to  Avengers
17 days ago

1st of March 2021, just 10 days from today.

Iqbal
Iqbal
Reply to  Esmail Beguwala
17 days ago

How much time they need to enhance capacity after acquiring the new spectrum?

Esmail Beguwala
Reply to  Iqbal
17 days ago

Once the provisional results are declared, the spectrum will be allotted within 30 days from the time that the operators pay the down payment for it. Then the actual deployment should be an overnight process since the towers are already capable of handling all the bands it’s just a software tweak and the new spectrum will be put to operation.

Asc
Asc
Reply to  Esmail Beguwala
17 days ago

For how many days you think spectrum auction will continue any idea

Esmail Beguwala
Reply to  Asc
17 days ago

This time probably just 1 or 2 days, since the available spectrum is plenty and the operators bidding are just 3.

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