Photo courtesy Twitter
New Delhi: The Centre on Tuesday will start the auction of spectrum supporting 5G services in India.
About 72,000 MHz under nine bands will be up for sale with a validity period of 20 years in the biggest auction of airwaves supporting 5G, paving the way for 10 times faster telecom services.
The Union Cabinet approved the auction on June 15 and allowed non-telecom service providers to bid for 5G spectrum.
India’s largest telecom operator Reliance-owned Jio, Sunil Bharti Mittal’s Airtel, Vodafone-Idea and Adani Data Networks are participating in the auction.
The four firms together have submitted ₹21,400 core in Earnest Money Deposit (EMD). Jio has submitted ₹14,000 crore, Bharti Airtel ₹5,500 crore, Adani Data Networks ₹100 crore and Vodafone-Idea ₹2,200 crore.
Adani Data’s entry surprised many but the company has refuted reports of any clash with Jio. It has said it wants to set up a private network to help digitise its businesses from airports to energy to data centres.
Mumbai: Popular television actress Hina Khan, a stage 3 breast cancer survivor, got emotional recently… Read More
Bhubaneswar: Odisha witnessed over 142 per cent jump in complaints regarding financial frauds in 2024,… Read More
New Delhi: Elon Musk’s X, formerly Twitter, is facing massive worldwide outage. Thousands of X… Read More
Mumbai: Choreographer and social media influencer Dhanashree Verma’s cryptic post has sparked speculation over her… Read More
Bhubaneswar: A total of 118 Maoists were killed in action by security forces in Odisha… Read More
Raipur: An Enforcement Directorate (ED) team was allegedly attacked and manhandled outside former Chhattisgarh Chief… Read More
This website uses cookies.
