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In a countdown to the 5G era, India's biggest spectrum auction, which will pave the way for 10 times faster 5G services, will begin on Tuesday, and all eyes will be on telecom players' participation.
According to the Department of Telecom, billionaire Gautam Adani-led Adani Data Networks, Reliance Jio, Bharti Airtel and Vodafone Idea have applied to participate in the upcoming 5G auction.
The 60-year-old business tycoon's net worth reached $115.5 billion on Thursday eclipsing Mr Gates whose fortunes are at $104.6 billion.
Gautam Adani has an estimated net worth of $115.5 billion and gained in the rankings on the Forbes' Real-Time Billionaires List after Gates announced his plans to donate $20 million.
The Jio deposit of Rs 14,000 crore is 100 times that of Adani Data Networks' Rs 100 crore deposit.