Reliance Communications' auction strategy was well planned financially prudent strategy and company has future proofed its portfolio by acquiring 850 MHz. The company chose not to renews its 900 MHz in some circles as pricing got expensive. RCOM
wants to be dominant LTE operator in India.
RCOM will liberalize its 850 MHz on circle by circle basis and is estimated to pay Rs 72 bn for 6 circles. RCOM expects strong eco-system support for 850 MHz LTE and expects many devices to come up in coming years. RCOM thinks that in future adequate opportunities for spectrum trading/leasing which gives it new arenas to explore if it could not renew its 850 MHz spectrum in 2021.
