Low-key bidding likely at spectrum auctions on March 1

While the much-awaited telecom spectrum auctions kick-off from Monday, analysts do not anticipate large scale bidding and expect operators to bid conservatively for minimum quantities with a focus on renewal of expiry spectrum. A total of 2251.25 MHz of airwaves, across 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands, with a total value of ₹3.92 lakh crore at reserve price, will be put up for bidding. The 5G airwaves have not been put up for bidding.