Auction sets stage for next round of telecom competition

Vodafone India Ltd, the nation’s No. 2 telco, said it will offer fourth generation (4G) mobile phone services, spending as much as Rs.19,600 crore to buy spectrum in the auction that ended on Thursday, even as bigger rival Bharti Airtel Ltd announced its intention to provide similar services across India, potentially intensifying the battle for marketshare for billionaire Mukesh Ambani’s new telecom venture that is set to launch 4G services after winning spectrum in a 2010 auction.

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