Airtel likely to skip auction of ‘expensive’ 700 MHz band
After all telecom operators gave the 700 MHz band – considered very efficient for 4G services and even 5G in the future – a pass in the 2016 auction, the Telecom Regulatory Authority of India reduced its reserve price by 43% to ₹6,568 crore a unit, or ₹32,840 crore for a block of 5 MHz.