5G spectrum: What is Jio's strategy as it spends Rs 40k cr on 700 MHz band?

Whether Reliance Jio can change the rules of the 5G game, just as it did with 4G services, therefore, remains the key question still

It came as a surprise to all stakeholders — competing telecom companies (telcos), most analysts and even the government’s internal projections on revenues from the 5G auctions. Last week, Reliance Jio disrupted all calculations by paying a stiff Rs 40,000 crore to buy 10 MHz of spectrum in the 700-MHz band, globally considered a key band for efficient 5G service coverage, along with the default 3.5 GHz band and the ultra-high speed and low-latency millimetre band of 26 GHz band.

So what made Jio pay almost 45 per cent of its total spend in this auction for the 700 MHz band