The value of 1800MHz and 2100MHz spectrums in India and implications for auction design
Benchmarking of the 1800MHz spectrum reserve price to the price discovered for 2100MHz spectrum is conceptually flawed. Economic models show divergence in the values of 1800MHz and 2100MHz spectrums. 2100MHz spectrum more valuable in high income circles and less valuable in low income circles. Recommendations on auction design include reducing the reserve price and halving the term of the spectrum license.
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