"We’re always looking for growth. There are different ways of growing -- by growing in existing circles or by acquiring new spectrum," Sorby said.
As a foreign businessman, Sorby added that he was disappointed by the continuing tax dispute between India and Vodafone.
Idea Cellular emerged as a surprise package, ambushing heavyweight rivals to come away with crucial bandwidth in the Delhi circle, besides pushing up costs in Mumbai.
Analysts expect spectrum burden to undermine the targets for rural telecom and broadband penetration set by National Telecom Policy.
While raising call rates is one way for telecom operators to reduce their reliance on debt, analysts don’t think this option will be easily available.
The spectrum auctions have thrown the spotlight squarely on the business plans of Reliance Jio Infocomm which has been aggressively bidding for bandwidth.
If you have already paid for the right to use spectrum, why do you need a spectrum usage charge? How do you think a foreign investor looks at the decision?
The apparent slowing down of bidding, reflects the strategy being adopted by the companies to prevent a runaway surge in prices.
Rahul Khullar also slammed govt's move to levy a higher SUC than what was suggested by the regulator, saying the decision "is not far sighted".
Bharti Airtel could use the ongoing bandwidth auction to grab liberalised spectrum for plugging 3G gaps in key markets.
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