 "Gopal Vittal")
Lack of a reliable ecosystem and the high price of the coveted 5G spectrum will deter Bharti Airtel from participating in the auctions if they happen next year.
Bharti Airtel CEO Gopal Vittal said that the company would stay away from the 5G auctions, if they happened next year as the spectrum offered at the current prices were not affordable for the company.
“The 5G ecosystem is yet to develop here and the prices are very high and we can’t afford them,” Vittal said during the company’s post earnings call.
He said that the company wouild not buy the airwaves
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