5G spectrum auction: Bid increases after 37 rounds, bidder will pay Rs 1,50,130 crore: Know more
2 years, 4 months ago

5G spectrum auction: Bid increases after 37 rounds, bidder will pay Rs 1,50,130 crore: Know more

India TV News  

5G spectrum auction : On the sixth day of the 5G spectrum auction. It was further reported that the government will now receive bids worth Rs 1,50,130 crore. Led by Reliance Jio with over Rs 80,100 crore and Bharati Airtel with around Rs 50,000 crore worth of bids, the 5G spectrum auction will continue on Monday. In 2015, the telecom spectrum auction fetched Rs 1.10 lakh crore for the government. The ongoing 5G spectrum auction indicated that the country's telecom industry has come a long way in 5G advancements, said Vaishnaw.

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