Under competitive pricing, the base price of the 700 Mhz band should be 30 40% lower than last year’s pan India base price of R s 11, 485 crore per Mhz, analysts said. They are of the view that the ecosystem for the premium 700 Mhz band is not in place as yet. In fact, it is widely believed that consumption of data was on the rise as it was available cheap.

The same goes for approved products, with this figure jumping from one in 2008 to 15 in 2017. By 2020, Ligand predicts that the number of commercialized products could nearly double to 28. Meanwhile, Ligand earns royalties on the net sales of these products that currently work out to between 4% and 4.5%..

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