Vodafone Idea unlikely to renew 39.5MHz spectrum across six circles: Report
NEW DELHI: Vodafone Idea (Vi) is unlikely to renew its 39.5MHz spectrum holdings across the 900MHz and 1800MHz bands in six circles, CNBC-AWAAZ reported on Monday, citing sources familiar with the development.
The spectrum was allotted sans auction to Aditya Birla Telecom in 2006. The holdings are set to expire on December 5, 2026, the report added.
If the telco had decided to renew the spectrum, it would have had to shell out nearly ₹5,500-6,000-crore at base prices in six circles of Mumbai, Bihar, Odisha, Andhra Pradesh, Assam, and Jammu & Kashmir.
