India is auctioning 2,251.25 megahertz (MHz) of 4G airwaves valued at Rs 3.92 lakh crore up at base price. On sale are seven bands – 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz bands – with experts predicting that the government would net a maximum upto Rs50,000 crore, with Jio expected to be the most aggressive of the three and Vodafone Idea the least.
– Stocks-Markets-Economic Times
