Additionally, due to the fact that the previously auctioned 800MHz band is similar to the 700MHz band, demand for the 700MHz band has been lower than expected in Europe. Interestingly, in contrast to the recommendations of Trai, the valuation of the 1800MHz band was 44% higher than the 700MHz band and 25% higher than the 900MHz band. Trai’s 2012 Recommendations considered the ratio of auction prices determined in different bands in select European countries. The valuation process also has to consider the poor development of the device ecosystem of the 700MHz band in India. The better ecosystem in the 1800MHz suggests a review of the reserve price for the 700MHz band.

Source: Mint May 16, 2016 14:22 UTC