Key takeaways from 5G Auction in India

:white_check_mark: Total bid amount 1.5 lac Crores INR

:white_check_mark: The total spectrum on offer was 72 Ghz and 71% i.e. 51.2 Ghz was sold

:white_check_mark: Jio has acquired 24,740 MHz spectrum at a price of 88078 Cr INR

:white_check_mark: airtel has acquired 19,868 MHz spectrum at a price of 43084 Cr INR

:white_check_mark: Vodafone Idea Limited has acquired 6,228 MHz spectrum at a price of 18799 Cr INR

:white_check_mark: Adani Group has acquired 400 MHz spectrum at a price of 212 Cr INR

:white_check_mark: Jio is the only company that has acquired a 700 MHz band spectrum in all 22 circles.

:white_check_mark: 5G Network rollout to start as early as Oct’2022

Cabinet scrapped the need for upfront payment for winning bidders, and allowed companies to pay in equal annual installments over 20 years.

Read more at:

1 Like