India has raised Rs657.9bn (US$9.87bn) in its latest spectrum auction, with Vodafone, Bharti Airtel, Reliance Jio Infocomm and Idea Cellular proving the biggest spenders respectively. As widely predicted, the amount raised was well below the Rs5.56trn (US$83bn) of spectrum on offer and no bids were submitted for the priciest 700 MHz and 900 MHz airwaves. India has […]