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Aiming to improve communication and high-speed data network to support operational requirements of field formations, the Indian Army is looking to establish 5G network along borders.

72Ghz of spectrum was up for auction in India’s 5G airwaves sale and 71% of it has been sold for $19 billion. The winning bids came from Mukesh Ambani's

The 5G telecom network will be rolled out in India in October this year, according to Union Minister Ashwini Vaishnaw’s announcement.

Mukesh Ambani and Gautam Adani are set to compete in the world's second-largest internet market.

Reliance Jio ended up being the highest bidder as it acquired 24,740 MHz of spectrum worth Rs 88,078 crore.

The fifth generation (5G) telecom services is likely to be launched in India by October this year as the government on Monday successfully completed the spectrum auction.

Get latest articles and stories on Business at LatestLY. The fifth generation (5G) telecom services is likely to be launched in India by October this year as the government on Monday successfully completed the spectrum auction mopping up over Rs 1.50 lakh crore in bids by four companies including Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Networks. Business News | 5G Services in India to Be Launched by October, Spectrum Allocation by Aug 10.

Ashwini Vaishnaw, the telecom minister, said this spectrum auction has garnered Rs 1.49 lakh crore for the government, reports PTT. These are remarkable numbers, and the spectrum auction stretching to the third day is a happy note for the government, which would have expected the bidding to die down on day 2 itself.

The government on Wednesday received bids worth Rs 1.49 lakh crore on day two amid aggressive bidding by Reliance Jio and Bharti Airtel.

India’s 5G spectrum auction has entered its third and likely the last day with commercial 5G services rollout now closer than ever before.