Tag: airwaves

Indian telecoms airwaves auction bags $8 billion on first day

Indian telecoms airwaves auction bags $8 billion on first day

Written by on October 3, 2016 in News with 0 Comments

MUMBAI (Reuters) – India started its biggest ever telecoms airwaves auction on Saturday, receiving 535.31 billion rupees ($8.04 billion) worth of bids on the first day of the sale, a senior government official said. Market leaders Bharti Airtel Ltd, Vodafone’s local unit and Idea Cellular Ltd are pitted against new entrant Reliance Jio Infocomm Ltd […]

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TV airwaves worth a fortune says FCC

TV airwaves worth a fortune says FCC

Written by on June 30, 2016 in News with 0 Comments

WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Wednesday the price of 126 MHz of television airwaves taken from broadcasters to be sold for wireless use in an ongoing auction is $86.4 billion. But analysts said wireless providers may not be willing to pay the staggering amount for the airwaves to expand their […]

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