Spec­trum Auc­tion Un­likely Till Tel­cos Get Back Into Black

The Economic Times - - Front Page -

The gov­ern­ment won’t hold any spec­trum auc­tion un­til there is a turn­around in the for­tunes of tel­cos cur­rently strug­gling to make prof­its due to com­pe­ti­tion trig­gered by Jio. While DoT is keen to sell air­waves that re­mained un­sold in the Oc­to­ber auc­tion, of­fi­cials said it will be done only af­ter the in­dus­try re­turned to prof­itabil­ity.

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