Seven months after its loss in Nigeria, international telecommunication company, Bharti Airtel and three other operators are to participate in the upcoming Fifth Generation network spectrum auction in India
According to a list released by the Indian Department of Telecommunications (DoT), other three telecom companies are shortlisted to participate in the auction,
They include, Gautam Adani-led Adani Data Networks, Vodafone Idea and Reliance Jio.
This came about seven months after Bharti Airtel’s subsidiary in Nigeria (Airtel Nigeria) withdrew from the 3.5 gigahertz (GHz) spectrum auction for the deployment of 5G network in the country, losing to MTN Nigeria Plc and Mafab Communications Plc.
It could be recalled that in December 2021, the Nigerian Communications Commission (NCC) conducted an auction for the allocation of two slots for the 3.5GHz spectrum licence in Abuja.
Three companies, Airtel Nigeria, MTN Nigeria and Mafab Communications Limited, participated but Airtel pulled out after its final bid of $270 million was surpassed by the other two