Jio, Airtel poised to gain at Vodafone Idea's expense in 5G auction

The Adanis, after the initial noise as to whether it will get into mobile telephony, will stay clear of consumer 5G mobile

With a war chest of around Rs 1.75 trillion (or 90 per cent of the total) for the upcoming 5G auction on Tuesday, Reliance Jio and Bharti Airtel are well positioned to accelerate their share in the market and revenue at the expense of Vodafone Idea (VIL), say most analysts.

Nomura Research goes further to say as a result “India’s telecom sector could end up as a virtual duopoly once again”. Whether that happens or not only time will tell. But VIL would be playing a muted role in the auction (based on its earnest money deposit, or EMD, of Rs