5G spectrum auction likely around April to May next year: Vaishnaw
3 years, 2 months ago

5G spectrum auction likely around April to May next year: Vaishnaw

Hindustan Times  

The auction for the 5G spectrum is likely to take place around April-May next year, Communications Minister Ashwini Vaishnaw said on Thursday. Union minister, Ashwini Vaishnaw While relief measures announced in September this year for telecom operators marked the first set of reforms, the government will bring out a series of further reforms and "telecom regulatory structure should change in coming 2-3 years", Vaishnaw said. Speaking at the 'Times Now Summit 2021', the minister said India's telecom sector regulation has to be benchmarked with the global best, and added that "so, we will come with a series of reforms in this, such that the global benchmark of regulations is achieved in India". The telecom regulatory structure should change in the coming 2-3 years, and the "first fundamental change" has already happened, he said pointing to the sectoral reforms unveiled recently.

India Change Telecom Reforms Vaishnaw Spectrum Dot Spectrum Auction Mhz 5G Auctions  telecom  minister  auction  change  5g  auctions  spectrum  entire  mhz  reforms  likely  vaishnaw

History of this topic

Adani mulls surrender of 5G spectrum after more than 2 years of purchase
1 month, 3 weeks ago

Adani mulls surrender of 5G spectrum after more than 2 years of purchase

Live Mint  

Adani Data Networks, a subsidiary of Adani Enterprises, which bought 5G spectrum in the 26 GHz band in the 2022 auctions, is mulling surrendering the airwaves after more than two years of not putting them to use, said four people aware of the development. Telcos have to launch 5G services anywhere in the licensed service area in metro areas and …

Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads
6 months, 2 weeks ago

Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads

The Hindu  

Bharti Airtel Ltd. spent the most on retaining and acquiring new spectrum in the latest auction of airwaves concluded on Wednesday after seven rounds of bids. “As auction for 5G spectrum was held recently and 5G monetization is still in progress, no bidding took place in 800MHz, 2300MHz, 3300MHz and 26GHz bands,” the Department of Telecommunications said in a statement. …

Govt earns ₹11,340 crore from Spectrum Auction 2023-24
6 months, 2 weeks ago

Govt earns ₹11,340 crore from Spectrum Auction 2023-24

Op India  

The Department of Telecommunications, under the Ministry of Communications, has successfully concluded the Spectrum Auction 2023-24, marking a step in meeting the evolving spectrum needs of India’s telecom service providers. The auction offered spectrum across the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 GHz bands. The auction saw participation from all …

Spectrum auction ends in just two days with bids worth ₹11,340 crore
6 months, 2 weeks ago

Spectrum auction ends in just two days with bids worth ₹11,340 crore

The Hindu  

An auction of radiowaves that carry voice and data signals for mobile phones ended within two days on June 26, garnering less than 12% of the ₹96,238 crore minimum value that the government had estimated for the spectrum on offer. “The auction, where a total of 10 GHz of spectrum ranging between 800 MHz to 26 GHz was offered, got …

Spectrum auction Day 1: Telecoms place bids worth about ₹11,000 crore in 5 rounds: 6 Key things to know
6 months, 2 weeks ago

Spectrum auction Day 1: Telecoms place bids worth about ₹11,000 crore in 5 rounds: 6 Key things to know

Live Mint  

Telecom operators have placed bids worth ₹11,000 crore on the first day of the spectrum auctions that saw five rounds of bidding, reported PTI quoting anonymous sources. “Telecom operators have placed bids of around ₹11,000 crore on Day 1. Telecom companies like Bharti Airtel Limited, Vodafone Idea Ltd, and Reliance Jio Infocomm Ltd, were the three to take part in …

Tenth spectrum auction for radiowaves worth ₹96,238 cr begins
6 months, 3 weeks ago

Tenth spectrum auction for radiowaves worth ₹96,238 cr begins

The Hindu  

Auction for ₹96,238 crore worth spectrum began on Tuesday, June 25, 2024, that is expected to see firms like Airtel and Reliance Jio bidding to acquire airwaves that will help augment their 5G services. "The government begins the auction of Spectrum for Telecom Services today at 10:00 AM," an official statement said on Tuesday. "To augment existing telecom services and …

India to auction ₹96,318 crore telecom spectrum on Tuesday
6 months, 3 weeks ago

India to auction ₹96,318 crore telecom spectrum on Tuesday

Hindustan Times  

The Department of Telecommunications will begin the auction of ₹96,317.65 crore of spectrum on Tuesday. Representational The background On February 8, the Union Cabinet approved the auction of 10,523.15 megahertz of spectrum across bands at a reserve price of ₹96,317.65 crore, Business Standard wrote. Combined with much lower demand for spectrum and a cautious stance adopted by market leader Reliance …

Department of Telecom defers spectrum auction to June 25
7 months, 1 week ago

Department of Telecom defers spectrum auction to June 25

The Hindu  

The Department of Telecom on June 4 postponed the spectrum auction by 19 days to June 25, as per information available on its website. According to amendments made in the notice inviting applications for bids on Tuesday, the new date for "start of the live auction" has been changed to June 25 from June 6. All the available spectrum in …

Centre not changing 2G judgement, non-auction allocation only for defence, satellite use: Sources
8 months, 3 weeks ago

Centre not changing 2G judgement, non-auction allocation only for defence, satellite use: Sources

New Indian Express  

While every stakeholder has been consulted on the issue, there was no way the court could be consulted and so the application was filed to inform and onboard the judiciary, he said. The application clearly says that "we agree with the court's ruling, and agree that spectrum auction is the best option, but there are certain cases that are very …

Government proposes Spectrum auction in various bands: All you need to know
10 months ago

Government proposes Spectrum auction in various bands: All you need to know

India TV News  

The Department of Telecommunications of the Indian government has proposed to auction the right to use specific radio spectrum frequencies in multiple bands this time, which will include sub-1 GHz bands like 800 MHz and 900 MHz, along with mid-bands like 2100 MHz, 1800 MHz, 2500 MHz, 2300 MHz, 3300 MHz, and 26 GHz Band. Total spectrum offered and validity …

Jio vs Airtel vs VI for spectrum auction on May 20: Centre sets base price at…
10 months ago

Jio vs Airtel vs VI for spectrum auction on May 20: Centre sets base price at…

Hindustan Times  

The Department of Telecommunications on Friday released the date for the auction of eight spectrums of mobile internet, and all major telecom companies are expected to battle it out. Centre to commence internet spectrum auction from May 20 Government will auction eight spectrum bands for mobile phone services at a base price of ₹96,317.65 crore. It is expected that Reliance …

Spectrum auction to start from May 20
10 months, 1 week ago

Spectrum auction to start from May 20

The Hindu  

Auctions for telecommunications spectrum in the high-frequency bands of 800 megahertz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 gigahertz will be held on May 20, the Department of Telecommunications announced on March 8, inviting bid applications from telecom operators. While the reserve price of the spectrum on auction amounts to ₹96,317.65 crore, The …

DoT to hold spectrum auctions starting 20 May
10 months, 1 week ago

DoT to hold spectrum auctions starting 20 May

Live Mint  

NEW DELHI: The Department of Telecommunications will conduct the next round of spectrum auctions on 20 May, where frequencies valued at ₹96,317.65 crore across eight bands will be up for grabs. Now telecom service providers will get opportunity to buy spectrum regularly in a transparent way,” telecom minister Ashwini Vaishnaw said in a social media post on X, after the …

DoT goes back on word; Spectrum sale in FY25
11 months ago

DoT goes back on word; Spectrum sale in FY25

New Indian Express  

NEW DELHI: A day after the Cabinet approved the spectrum auction, the Department of Telecommunications on Friday said it will be able to conduct the auction sometime in June 2024, as the entire process is time-consuming. Two top DoT officials said conducting auctions during this fiscal year or before the election is not possible as it involves technical and legal …

Union Cabinet gives nod for spectrum auction
11 months ago

Union Cabinet gives nod for spectrum auction

The Hindu  

The Union Cabinet approved an auction of telecom spectrum this year for airwaves amounting to a cumulative reserve price of ₹96,317.65 crore, the government announced on Thursday. Expiring airwaves that belong to “certain companies undergoing insolvency” will also be auctioned, the government said. Spectrum has also been approved for use by the railways for the deployment of Kavach, the automatic …

From fishery scheme to telecom spectrum auction, key decisions by Union Cabinet
11 months ago

From fishery scheme to telecom spectrum auction, key decisions by Union Cabinet

Live Mint  

The Union Cabinet on Thursday approved key decisions related to the auction of telecom spectrum bands, PM Matsya Kisan Samriddhi Saha Yojana, Fisheries & Aquaculture Infrastructure Development Fund, and railway projects. The Union Cabinet approved the auctions in eight spectrum bands for mobile phone services at a base price of ₹96,317.65 crore. Telecom spectrum auctions The Union Cabinet on Thursday …

Minister hopes to complete long-awaited 5G frequency auction before summer
11 months, 2 weeks ago

Minister hopes to complete long-awaited 5G frequency auction before summer

NL Times  

Telecommunications providers can apply for the auction of new nationwide 5G frequencies for super-fast mobile internet from next month. She hopes to conclude the auction with minimum proceeds of 170 million euros before the summer. "It is good for Dutch consumers and companies that we can now finally start to realize our ambitions in terms of digital mobile infrastructure," said …

Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment
1 year, 4 months ago

Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment

Hindustan Times  

Debt-ridden Vodafone Idea has sought 30 days more time to pay around ₹1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. Vodafone idea has also acquired a 5G spectrum in mid-band and millimetre wave in the 26 GHz band in July 2022 spectrum auction. "We have submitted a letter to DoT that we …

Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015
1 year, 5 months ago

Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015

India TV News  

Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015. Airtel last year acquired 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz frequency bands through the auction for Rs 43,084 crore spectrum …

India will be first to hold satellite spectrum auction: Trai Chairman
2 years, 1 month ago

India will be first to hold satellite spectrum auction: Trai Chairman

Hindustan Times  

India will be the first country to auction spectrum for satellite communication, and it should be designed to attract investments in the sector, telecom regulator Trai chairman PD Vaghela said on Tuesday. Representative Image Speaking at a Broadband India Forum summit on SatCom, Vaghela said the Telecom Regulatory Authority of India will soon make recommendations to make permissions required for …

5G services of this company will begin from August 2023. Details here
2 years, 3 months ago

5G services of this company will begin from August 2023. Details here

Hindustan Times  

On Saturday, prime minister Narendra Modi launched 5G technology in India. Reliance Jio will introduce its 5G services across the nation by December 2023, while Vodafone Idea, too, will begin its journey ‘soon.’ Bharat Sanchar Nigam Limited Besides the three private operators, state-owned Bharat Sanchar Nigam Limited, too, will offer 5G technology. BSNL will launch its services by August 15, …

Mukesh Ambani says will roll out high quality, more affordable 5G services
2 years, 3 months ago

Mukesh Ambani says will roll out high quality, more affordable 5G services

Hindustan Times  

Billionaire Mukesh Ambani said Reliance Industries Ltd.’s 5G network will cover the remotest corners of India by December next year, providing services “more affordable than anywhere else in the world.” Reliance Industries Ltd Chairman Mukesh Ambani with his son Akash Ambani during the 6th India Mobile Congress at Pragati Maidan in New Delhi, The technology can bring affordable, superior education …

How Reliance's ambitious 5G rollout plans can change India's digital story
2 years, 4 months ago

How Reliance's ambitious 5G rollout plans can change India's digital story

India Today  

The aggression demonstrated by Reliance Jio at the recently concluded 5G spectrum auction was the clear giveaway in terms of what to expect. Of the Rs 1.50 lakh crore that the government garnered through the auction of 5G spectrum, Jio’s outgo was over Rs 88,000 crore. Overall, it must be said that the 5G announcement by Reliance is highly disruptive,” …

This Is The '5G Launch Deadline' That Government Has In Mind
2 years, 4 months ago

This Is The '5G Launch Deadline' That Government Has In Mind

News 18  

The government said it expects 5G services to be rolled out in the country by October 12, and the Centre will make sure that the prices are affordable for the consumers. The government also introduced the “The Indian Telegraph Right of Way Rules, 2022" along with the launch of the 5G right of work application Form on the GatiShakti Sanchar …

Demand for 5G phones in ₹10k to ₹15k segment grows four times, says Flipkart
2 years, 4 months ago

Demand for 5G phones in ₹10k to ₹15k segment grows four times, says Flipkart

The Hindu  

The homegrown e-commerce portal, Flipkart, witnessed almost double the searches for 5G smartphones in the first half of 2022 as compared to the same period last year. According to Flipkart’s sales trends, the demand for 5G smartphones in the ₹10,000 to ₹15,000 range has grown nearly four times in the first half of 2022 as against the same period last …

Minister asks telcos to prepare for 5G rollout
2 years, 4 months ago

Minister asks telcos to prepare for 5G rollout

The Hindu  

Telecom Minister Ashwini Vaishnaw on Thursday said spectrum allocation letters have been issued to telecom service providers and asked them to start preparing for the roll out of 5G services in the country. The Department of Telecom has received a total payment of about ₹17,876 crore from Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they …

Can 5G in India unlock demand amidst tough times for the smartphone market?
2 years, 4 months ago

Can 5G in India unlock demand amidst tough times for the smartphone market?

Hindustan Times  

Two years of positive sentiment has spluttered to a halt. “5G smartphone supplies are much better than 4G, leading to higher ASPs but lower demand,” says Navkendar Singh, associate vice president, Devices Research, IDC India, South Asia & ANZ. “With the completion of 5G auctions, and anticipated roll-out of 5G services in India shortly, there will be further momentum in …

Telecom Minister Ashwini Vaishnaw asks telcos to gear up for 5G launch
2 years, 4 months ago

Telecom Minister Ashwini Vaishnaw asks telcos to gear up for 5G launch

The Hindu  

Telecom Minister Ashwini Vaishnaw on August 18 asked telecom service providers to gear up for 5G launch, post the issuance of spectrum allocation letters. The DoT has received payment of around ₹17,876 crore from service providers — Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction. The country's biggest ever auction …

Airtel pays 5G spectrum dues for 4 years in upfront
2 years, 4 months ago

Airtel pays 5G spectrum dues for 4 years in upfront

Hindustan Times  

Telecom operator Bharti Airtel on Wednesday said it has paid ₹8,312.4 crores to the Department of Telecom in upfront towards dues for spectrum acquired in the recently concluded 5G auctions. "The company believes that this upfront payment coupled with the moratorium on spectrum dues and AGR-related payments for four years will free up future cash flows and allow Airtel to …

Vi, Jio set to hire more employees as 5G job postings will rise up by 65%- Report
2 years, 4 months ago

Vi, Jio set to hire more employees as 5G job postings will rise up by 65%- Report

India TV News  

As India and other countries take concrete steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265 job postings in January to 8,667 in July, a report showed on Wednesday. Reliance Jio is hiring for 'Lead 5G Core & Cloud Architecture' to support diverse use cases and …

5G India launch today? Here's what we know in 7 points
2 years, 5 months ago

5G India launch today? Here's what we know in 7 points

India Today  

5G spectrum auctions in India are over, and the wait for the official rollout is still going on. During the seven-day auction process last month, India's biggest telco, Reliance Jio, emerged as the largest spender, followed by Bharti Airtel and Vi. --Earlier this month, Reliance Jio Infocomm's chairperson, Akash Ambani, said that the company would celebrate 'Azadi ka Amrit Mahotsav' …

Explained: 5G, its significance to India, and the controversies surrounding it
2 years, 5 months ago

Explained: 5G, its significance to India, and the controversies surrounding it

Firstpost  

5G or fifth generation is the latest upgrade in the long-term evolution mobile broadband networks. He said that the Digital India Movement with production of semiconductors, 5G networks and optical fibre network show strength in three segments – education, health facilities and change in common man’s lives. Telecom minister Ashwini Vaishnaw had said that the government would allocate radiowaves bought …

A good news for Airtel investors
2 years, 5 months ago

A good news for Airtel investors

Live Mint  

After the recently concluded auctions, telecom investors will be keen to hear from companies about future prospects of 5G. View Full Image On the front foot “These comments are reassuring as they validate Airtel’s frugal spectrum purchase strategy that was aided by opportunistic mergers and acquisitions," said Ambit Capital Pvt. Why rupee, higher fees don't deter students headed abroad Challenges …

Explained | How will the 5G spectrum sale impact the sector?
2 years, 5 months ago

Explained | How will the 5G spectrum sale impact the sector?

The Hindu  

The story so far: The auction of telecom spectrum, including bands for offering fifth generation technology services, concluded on Monday drawing record bids exceeding ₹1.50 lakh crore. Editorial | Dialling right: On 5G spectrum sale Low-band spectrum is popular for providing wider coverage, however, the speed and latency might just be an incremental upgrade over 4G. Bharti Airtel and Reliance …

Dialling right: The Hindu Editorial on 5G spectrum sale
2 years, 5 months ago

Dialling right: The Hindu Editorial on 5G spectrum sale

The Hindu  

India’s latest auction of telecommunications spectrum, including of bands ideally suited for offering fifth generation technology services, drew bids exceeding a record ₹1.5 lakh crore in a clear sign that the industry is on the path to recovery. And in an interesting development that will need close watching, the deep-pocketed, and aggressively expanding Adani Group made its first foray into …

Services will remain affordable even with 5G, says telecom minister
2 years, 5 months ago

Services will remain affordable even with 5G, says telecom minister

India Today  

Telecom Minister Ashwini Vaishnaw said 5G services in the country are expected to begin in October and the telecom sector will remain one of the most affordable in the world, even with 5G. Speaking about the equipment that will be used to provide 5G services, minister Ashwini Vaishnaw said ramping up of 5G handsets will be done once the services …

Airtel to launch 5G services later this month
2 years, 5 months ago

Airtel to launch 5G services later this month

Deccan Chronicle  

NEW DELHI: Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia and Samsung. At the recently held much-awaited spectrum auction for 5G services by the Department of Telecom, Airtel bid for and acquired 19867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz …

Airtel to Start 5G Services Rollout in August But All Cities Won't Get It
2 years, 5 months ago

Airtel to Start 5G Services Rollout in August But All Cities Won't Get It

News 18  

New Delhi: Within days of bidding for spectrum in auctions, Bharti Airtel on Wednesday announced it has signed 5G network agreements with gear makers Ericsson, Nokia and Samsung to commence deployment this month. Bharti Airtel, which acquired spectrum worth Rs 43,084 crore in the just-concluded auction, had said it is well-positioned to usher in the 5G revolution in India. Vittal …

Vaishnaw dismisses Raja’s 5G scam charge
2 years, 5 months ago

Vaishnaw dismisses Raja’s 5G scam charge

The Hindu  

Telecom Minister Ashwini Vaishnaw dismissed former Telecom Minister and DMK MP A. Raja’s suggestion that the recent auction of the 5G spectrum caused losses to the exchequer. Mr. Raja told presspersons in New Delhi on Wednesday that the auction did not meet the expectation of up to ₹5 lakh crore, which was projected by the government. Spectrum bands of 600 …

TMS Ep229: 5G auction, IIBX GIFT City, markets, twin balance sheet problem
2 years, 5 months ago

TMS Ep229: 5G auction, IIBX GIFT City, markets, twin balance sheet problem

Business Standard  

India is finally set to join the league of countries where people are enjoying high-speed 5G networks. Now, as the dust is settled, let us explore how each player is placed, and will the 5G rollout be a watershed moment for the telecom sector. On July 29, Prime Minister Narendra Modi launched India’s first bullion exchange at Gujarat’s GIFT City. …

5G auction: The key takeaway
2 years, 5 months ago

5G auction: The key takeaway

Hindustan Times  

The 5G spectrum auctions concluded on Monday, after a week and 40 rounds, raising around ₹1.5 lakh crore for the government. The government recently announced a ₹1.64 lakh crore revival package for the State-owned BSNL, which includes 4G spectrum, and it is likely that, at some point in the future, another package that includes 5G will be made available to …

5G Spectrum Auction Concludes, Here’s How Airtel Plans To Lead With 5G
2 years, 5 months ago

5G Spectrum Auction Concludes, Here’s How Airtel Plans To Lead With 5G

The Quint  

Bharti Airtel, India's leading telecommunications services provider, stated today that it will spearhead the nation's 5G revolution. Furthermore, by acquiring this spectrum, Airtel has been able to significantly cut the payout towards spectrum use fee and remove the unfavorable SUC arbitrage compared to new entrants. Airtel has created and nurtured a vibrant ecosystem of partners and start-ups to support faster …

How 5G spectrum win can drive Reliance Industries’ stock
2 years, 5 months ago

How 5G spectrum win can drive Reliance Industries’ stock

Live Mint  

Reliance Jio emerged as the top spender in India's 5G spectrum auction received a record ₹1.5 lakh crore of bids. While 5G SA still lags in terms of handsets, equipment and application, BofA finds Jio better placed than its peers to offer differentiated service. BofA's Buy rating on RIL shares comes with a target price of ₹2,820 apiece, which it …

Well Poised to Usher in 5G Revolution in India: Bharti Airtel
2 years, 5 months ago

Well Poised to Usher in 5G Revolution in India: Bharti Airtel

News 18  

New Delhi, Aug 1: Bharti Airtel on Monday said it is well-positioned to usher in the 5G revolution in India after Sunil Mittal-led telco acquired spectrum worth Rs 43,084 crore in the auction. "Airtel now has the widest mobile broadband footprint across the country, making it well-positioned to usher in the 5G revolution in India," the statement said and claimed …

Jio top bidder as 5G spectrum sale closes
2 years, 5 months ago

Jio top bidder as 5G spectrum sale closes

Hindustan Times  

Mukesh Ambani’s Reliance Jio Infocomm Ltd emerged as the top buyer in a government auction of airwaves on Monday, spending ₹88,078 crore, more than double that of second-placed Bharti Airtel Ltd. Ambani’s purchases helped the government net a record ₹1.5 trillion by selling 51,236MHz of spectrum in the auction that lasted a week. Reliance Jio, India’s largest telecom operator, led …

5G services in India to be launched by October, spectrum allocation by 10 August
2 years, 5 months ago

5G services in India to be launched by October, spectrum allocation by 10 August

Firstpost  

Union Minister of Communications, Electronics and Information Technology Ashwini Vaishnaw said out of the total 72,098 MHz of spectrum on offer, 51,236 MHz or around 71 per cent has been sold in the auction New Delhi: The fifth generation telecom services are likely to be launched in India by October this year as the government on Monday successfully completed the …

5G auction: Mukesh Ambani's Reliance Jio top bidder with a bid of ₹88,078 crore
2 years, 5 months ago

5G auction: Mukesh Ambani's Reliance Jio top bidder with a bid of ₹88,078 crore

Hindustan Times  

Mukesh Ambani's Reliance Jio has emerged as the top bidder with a bid of ₹88,078 crore rupees while Adani group bid stood at ₹212 crore at the 5G spectrum auction, telecom minister Ashwini Vaishnaw was quoted by PTI. The auction garnered bids worth ₹1.45 lakh crore on the first day on July 26, with subsequent days seeing only marginal incremental …

5G spectrum auction ends, Reliance Jio is the top bidder
2 years, 5 months ago

5G spectrum auction ends, Reliance Jio is the top bidder

India Today  

A record over Rs 1.5 lakh crore worth of 5G telecom spectrum was sold in a seven-day auction ending on Monday, which saw billionaire Mukesh Ambani's Jio emerging as the top bidder to consolidate its leadership position. The mop-up from the 5G spectrum, capable of offering ultra-high speed mobile internet connectivity, is almost double at Rs 77,815 crore worth 4G …

5G spectrum auction ends with record bids worth over ₹1.5 lakh crore; Jio top bidder
2 years, 5 months ago

5G spectrum auction ends with record bids worth over ₹1.5 lakh crore; Jio top bidder

The Hindu  

A record over ₹1.5 lakh crore worth of 5G telecom spectrum was sold in a seven-day auction ending on August 1, which saw billionaire Mukesh Ambani’s Jio emerging as the top bidder to consolidate its leadership position. The mop-up from the 5G spectrum, capable of offering ultra-high speed mobile internet connectivity, is almost double at ₹77,815 crore worth 4G airwaves …

5G Spectrum Auction Ends, Sale Worth Rs 1.5 Lakh Crore Recorded
2 years, 5 months ago

5G Spectrum Auction Ends, Sale Worth Rs 1.5 Lakh Crore Recorded

News 18  

New Delhi: A record over Rs 1.5 lakh crore worth of 5G telecom spectrum was sold in a seven-day auction ending on Monday, which saw billionaire Mukesh Ambani's Jio emerging as the top bidder to consolidate its leadership position. The mop-up from the 5G spectrum, capable of offering ultra-high speed mobile internet connectivity, is almost double at Rs 77,815 crore …

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