The disclose quantity for the 5G spectrum exceeded Rs 1.45 lakh crore on Day 1 of the auction at the quit of four rounds, Telecom Minister Ashwini Vaishnaw said. The fifth round of the auction will likely be held the following day.
Four companies – Adani Enterprises, Bharti Airtel, Reliance Jio, and Vi (formerly Vodafone Concept) participated in the bidding route of.
The Centre is hoping to whole the spectrum allocation by August 1, the minister extra said, including that 5G services and products may per chance presumably also furthermore be anticipated for the duration of several cities by the quit of this year.
Bids had been also got for 700 MHz band frequencies, Vaishnaw said.
The auction began this morning and the total sale route of will purchase several days, reckoning on the staunch effect a question to for radio waves and the tactic of particular person bidders.
Additionally Be taught: | 5G spectrum auction to originate up on Tuesday; Reliance Jio, Bharti Airtel among 4 cos in fray
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