2024-06-26 22:35:30
New Delhi: India’s second 5G spectrum public sale ended on Wednesday afternoon after seven rounds. The public sale lasted somewhat greater than a day. The federal government has obtained about Rs 11,300 crore from this. Bharti Airtel is claimed to be the best bidder on this public sale. It has purchased spectrum within the low-cost sub-GHz 900 MHz band in addition to within the 1800 and 2100 MHz bands. Market chief Reliance Jio has purchased 5G bandwidth within the 1800 MHz band, whereas Vodafone Thought (Vi) has in all probability purchased spectrum within the 900/1800/2500 MHz bands.
Airtel adopted this technique
Airtel and Vi have largely adopted the anticipated technique of shopping for spectrum in telecom circles the place their permits expire this yr. On this yr’s public sale, the federal government provided 10.5 GHz 5G airwaves, value Rs 96,238.45 crore on the reserve worth. The ultimate income assortment for the federal government was a lot decrease than the file Rs 1,50,173 crore collected within the sale of 5G airwaves in July 2022 and in addition lower than the Rs 77,814 crore collected within the 4G public sale of March 2021.