5G spectrum auction: Jio top bidder with Rs 88,078-cr bid, says govt

Jio acquired 24,740 MHz spectrum, Airtel made a successful bid of Rs 43,084 cr, Vodafone Idea bought spectrum for Rs 18,784 cr, says Telecom Minister Ashwini Vaishnaw

India's biggest ever auction of telecom spectrum received a record Rs 1.5 trillion of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with an Rs 88,078 crore bid.

Richest Indian Gautam Adani's group, whose entry in the auction was billed by some as another flash point in the rivalry with Ambani, paid Rs 212 crore for 400 MHz, or less than one per cent of all spectrum sold, in a band that is not used for offering public telephony services.

Telecom tycoon Sunil Bharti Mittal's Bharti Airtel made a successful bid of Rs 43,084 crore, while Vodafone