Airtel Challenges Jio’s Satellite Unit’s Preference for Auctioning Process
While other players in the satellite communication industry, such as Bharti Airtel, have opposed it, Jio Satellite Communications is the sole company that has shown support for the auction of spectrum allocation. SpaceX, owned by Elon Musk, has also proposed an auction model, but it is not intended to be an auction of frequencies, but bids as a percentage of annual revenue as a value payment for frequencies instead of pre-currency bids. Jio Satellite Communications Limited (JSCL) in its counter-comment to the Telecom Regulatory Authority of India (Trai) presented its…
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