It added that while Airtel may not need additional low frequency (read: sub-GHz) spectrum for 5G services in the next two years, it faces the risk of 700MHz spectrum getting allotted to PSUs by the government if it skips the auction of these airwaves next year.
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Airtel may splurge around Rs 40k crore on 700 MHz spectrum to stay competitive vs Jio in 5G space: IIFL
Airtel may splurge around Rs 40k crore on 700 MHz spectrum to stay competitive vs Jio in 5G space: IIFL
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