The company has appointed Deloitte to evaluate the business case for bidding.
“The sharp cut in reserve spectrum floor price for the 900 MHz spectrum has made it very attractive and presents a big opportunity,” said Bali.
In the auction to be held in January, the government will auction spectrum in 1,800 Mhz and 900 Mhz bands. Spectrum in 900 Mhz band is very efficient as the cost of infrastructure comes down drastically. RJI may bid for spectrum in 900 Mhz band in the auction for three circles — Delhi, Mumbai and Kolkata.