Crore Bid News Today

Spectrum Mega Auction Completed with ₹1.5 Lakh Crore Bid over 40 Rounds On August 1, the Central Government completed the spectrum auction for the fifth generation of telecom services or simply 5G. The seven-day mega auction contained 40 rounds of bidding and saw a total of ₹1.5 lakh crore laid on the table by four major operators. The most aggressive player in the auction was Reliance Jio placing bids exceeding ₹84,500 crore, followed by Bharti Airtel with bids of more […]

The auction of the 5G spectrum capable of offering ultra-high-speed internet garnered bids totalling about Rs 1.5 lakh crore on the fifth day of sale on Saturday and the process is likely to continue for the coming few days, telecom minister Ashwini Vaishnaw said on Saturday.