Bharti Airtel and Reliance Jio to gain share with 5G rollout: Brokers
On Monday, TRAI issued recommendations to inaugurate commercial 5G service by recommending a 25-50% reduction in the reserve price for airwaves in various bands.
Topics
Bharti Airtel | Jio addiction | 5G spectrum
Anesh Phadnis |
Last updated on Apr 12, 2022 7:00 PM IST
Brokers predict additional market share gains for Reliance Jio and Bharti Airtel, which are well positioned to participate in 5G spectrum auctions. “We believe the recommendations from the Telecom Regulatory Authority of India (TRAI) are progressively positive, with the regulator recommending spectrum price cuts of 25-50% (although less than the range desired by telecom companies) .
Airtel and Jio are well positioned to participate in upcoming 5G auctions while VIL’s ability to effectively participate in 5G auctions is limited due to weak balance sheet,” Credit…
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First published: Tuesday, April 12, 2022. 6:59 p.m. IST