Vodafone India outshone global counterparts in the April-September period, driven by higher data usage and rising call rates, although it faces a battle for survival in four circles where its permits are expiring, leaving it in a must win situation for airwaves as it does not have any fallback spectrum.
India’s No. 2 telecom company, like its top rivals Bharti Airteland Idea Cellular, reaped the benefits of lower competition after the Supreme Court cancelled 122 telecom licences in 2012 and continuing strong user additions in a market counted as among the fastest growing in the world.
Country chief executive officer Marten Pieters said offering limited spectrum in auctions likely to be held in February, as indicated by the government, would lead to massive business disruption.
“It would be a disaster for existing operators whose hundreds of millions of customers are using the existing spectrum,” he told reporters. “We think it is wrong to do an auction if there isn’t enough fresh spectrum, which means that if an incumbent is unable to buy back his existing spectrum, he has to close shop.”