Yesterday the Department of Telecom (DoT) came out with the new SUC (Spectrum Usage Charge Guidelines). As predicted earlier in my note dated 22nd Sept 2021 titled — “Telecom Reforms — No SUC for future spectrum, but will it reduce outflows?”, the DoT has done away with the floor of 3%. The purpose of this note is to estimate which operator will gain the most as they end up acquiring spectrum in forthcoming auctions.
Bharti
As of date, Bharti has 2 x 48 MHz of spectrum on a Pan India basis. The aggregation has been done on the basis of the subproduct of the individual circle weights based on the circle’s AGR share to the Pan India total, averaged for the last 4 quarters. For example, if the Pan India AGR is 100, and AP’s share is 7, then the corresponding weight attached to AP will be 0.07.