5G services in India to be launched by October, spectrum allocation by 10 August
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 spectrum auction mopping up over Rs 1.50 lakh crore in bids by four companies including Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Networks. Reliance Jio Infocomm Limited has made bids worth Rs 88,078 crore accounting for 58.65 per cent of the total value of Rs 1,50,173 crore received by the government in the 5G spectrum auction. Bharti Airtel has made bids worth Rs 43,084 crore to acquire 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100MHz, 3300 MHz and 26 GHz frequency bands. Bharti Airtel has made bids worth Rs 43,084 crore to acquire 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100MHz, 3300 MHz and 26 GHz frequency bands in the 5G spectrum auction that concluded on Monday.
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