5G spectrum auction: Reliance Jio biggest bidder, Adani Group makes entry into telecom sector
The Mukesh Ambani-led company acquired a total of 24,740 MHz of spectrum for Rs 88,078 crore.
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The Mukesh Ambani-led company acquired a total of 24,740 MHz of spectrum for Rs 88,078 crore.
"Auction is in time. July was the timeframe for the auction. August-September was the timeframe to begin rollout," Union IT minister Ashwini Vasihnaw said.
The Union Cabinet has approved the DoT's proposal to conduct the 5G spectrum auction in July 2022, auctioning off 72 GHz of spectrum.
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