Less enthusiasm on the spectrum front
Airtel has to top up on spectrum that is lapsing in select telecom circles. Jio can afford to take it easy after having cornered the biggest chunk of airwaves put up for sale in the previous round of auctions in 2022. In the event, Jio still remains the most hungry for spectrum, signalling its interest to buy three times as much as Airtel, and 10 times as much as Vi.
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