Tue, Aug 02, 2022
In a three-player industry, Reliance Jio and Bharti Airtel spent Rs 88,078 crore and Rs 43,048 crore, respectively, in line with their EMD (Earnest Money Deposit) submissions, while Vodafone Idea Ltd bought spectrum for Rs 18,799 crore.
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Mukesh Ambani-led Reliance Jio emerged as the top bidder in India's 5G spectrum auction, acquiring 24,740 MHz spectrum worth Rs 88,078 crore.
Sun, Jul 31, 2022
The auction of the 5G spectrum capable of offering ultra-high-speed internet entered the sixth day of bidding on Sunday after receiving bids worth 1,49,966 crore in the first five days from players like Reliance Jio and Bharti Airtel
Sat, Jul 30, 2022
Auctions for 5G spectrum continued for the fifth day on Saturday, after fetching bids worth Rs 1,49,855 crore from players such as Reliance Jio and Bharti Airtel so far.
Fri, Jul 29, 2022
According to sources, high interest continued to be seen for spectrum in 1800 MHz band in UP East circle, where Jio and Airtel were involved in intense bidding on Thursday.
Thu, Jul 28, 2022
The spectrum bidding will continue on Thursday. Bands such as 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2500 MHz, 3300 MHz, and 26 GHz saw biggest investment bids.
Wed, Jul 27, 2022
There has been a 1.5 times greater response than anticipated on the opening day of the 5G spectrum auction. The government is projected to get between 1.80 and 2 lakh crores of revenue from this auction, this auction will continue even today.
Fantastic response to 5G spectrum. The auction process will continue even today. Auction crosses ₹1.45 lakh crore. 5G Spectrum allocation to be completed by 15th August. 5G service will start in the country by the end of the year. Know full details from Ambarish Pandey.
The minister assured that consumers will be able to experience 5G services in many cities by 2022-end.
Tue, Jul 26, 2022
5G spectrum auction from today. Who's in the fray for the auction? When will 5G service start in the country? Know full details from Kushal Gupta.
The bidding which started at 1000 hrs will continue till 1800 hrs and will carry over into the next day, if there exists a demand for spectrum and bidders are putting in bids.
Reliance Jio, Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani's flagship Adani Enterprises are set to participate in the 5G auctions. The industry expects spectrum to be sold near the reserve prices, and the bidding to last about two days.
Thu, Jun 16, 2022
India is soon going to get 5G services. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the DoT's ( Department of Telecommunications) 5G Spectrum auction. Soon to provide 5G services, spectrum will be assigned to bidders. The cabinet has claimed that 5G services are going to be about 10 times higher than 4G services. PIB also detailed that "auction will be held for spectrum in various low like (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz) and High (26 GHz) frequency bands.” Cabinet also said that The bidders will have an option to surrender the specturm after 10 years with no future liabilities with respect to instalments.
Sun, Nov 28, 2021
Telecom industry body COAI is learnt to have asked the government to cut the base price of spectrum by more than half, for the proposed auction especially for 5G services, according to industry sources.
Thu, Aug 19, 2021
Moving from legacy systems to digital will be a major reason for IT spending growth in 2022.
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