Bharti Airtel management stated that pricing of the 700MHz band was ?unaffordable? and that they would rather look at other options including acquiring spectrum in other bands and refarming their 3G spectrum to run 4G. We concur, reserve prices for the 700Mhz leave little room for any business case whatsoever.
On a lighter note, even as Bharti India CEO, in the 3QFY16 earnings concall, repeatedly termed the TRAI?s proposed 700 MHz spectrum reserve prices ?unaffordable?, we hope we do not end up with a treatise titled ?Art of buying the unaffordable, volume 3? sometime post the proposed auctions.
