Reliance Jio, Bharti Airtel, and Vodafone Idea are likely to jointly invest Rs 12,500 crore in spectrum purchases, representing around 13% of the total Rs 96,320 crore worth of airwaves on offer
5G spectrum: Centre is looking for ways to shift some broadcasting and satellite players from 3.8 GHz to higher frequency
Move may open up new spectrums for 5G auction and deployment in next 6-10 months
Jio is working with Google to develop an affordable 5G-enabled phone and also tied up with Qualcomm to build solutions and infrastructure for 5G services in India and abroad
The spectrum harmonisation process, critical for 5G services, brings together a bunch of radio wave holdings within a band into one contiguous block with the consensus of all telecom service providers
Typically, 5G offers speeds about 10 times faster than 4G, lag-free connectivity, and can enable billions of connected devices to share data in real-time
Within days of conducting 5G auctions, the government has completed the spectrum 'harmonisation' process, paving the way for players' holdings to be streamlined within a band for greater efficiency
The 5G auctions added Rs 1.5 trillion to the govt exchequer. As the dust is settles, let us explore how each player is placed, and will the 5G rollout be a watershed moment for the telecom sector
They say tariff could be raised even for 4G services in a bid to increase 5G adoption
In the 2022 5G Spectrum auction, Reliance Jio emerged as the top buyer in the auction of airwaves, spending over Rs 88,000 crore, more than half the total bidding amount of Rs 1.5 trillion
Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal
The amount earned is far higher than what the government had anticipated and the most compared to the seven auctions since 2010
Auction shows 5G spectrum prices were too high
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The reserve price fixed for spectrum is a "fair number" and the same is visible from the auction outcome, said telecom minister Vaishnaw
Reliance Industries' Jio, rivals Bharti Airtel and Vodafone Idea, as well as billionaire Gautam Adani's Adani Enterprises Ltd were all among the bidders for 5G airwaves
Analysts say that the war will end if one of the players blinks
Amid the ongoing auctioning of the fifth-gen airwaves, the govt has announced Rs 1.64 trillion package for BSNL. Here's a breakdown of the package and how it offers a new lease of life to the company
At the end of day three and 16 rounds of bidding, there was no action in any frequency band other than 1800 MHz (used for 2G and 4G) in UP East
India's 5G spectrum auctions entered Day 3 on Thursday with tenth round of bidding for airwaves that would power lag-free connectivity and ultra-high speed internet