'Airtel, Idea and Vodafone' buy sufficient amount of bandwidth to bring down 'Jio'
'Airtel, Idea and Vodafone' buy sufficient amount of bandwidth to bring down 'Jio'
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Talking about the shares of bandwidth that were sold in the spectrum auction, Airtel, Idea and Vodafone can themselves sweep out Reliance Jio in the 4G market but analysts say that it would cost them a heavy fortune. Just to send Jio down, they would have to go back for themselves.

Although, Bank of America-Merrill Lynch said the top three telcos now have adequate 4G spectrum to counter Mukesh Ambani, Reliance Jio.

In the auctions that ended up tomorrow, Airtel bought 174 Mhz of airwaves to strengthen its pan India data spectrum, while Vodafone increased its 4G coverage to 17 circles from 9 earlier by buying nearly 283 Mhz of bandwidth. Idea bought nearly 275 Mhz to expand its 4G footprint to 20 circles. Jio, which has 4G airwaves across all 22 circles, bought almost 215 Mhz of bandwidth.

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