Wednesday, Oct 4, 2023
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Education Today
    • Reviews
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Business | 5g Spectrum Auction Bidding Enters Day 4 Bids Worth Rs 1 49 Lakh Cr Received So Far

5G spectrum auction: Bidding enters day 4; bids worth Rs 1.49 lakh cr received so far

New Delhi: The auction of 5G spectrum for ultra-high-speed internet services entered day four on Friday after garnering bids worth Rs 1,49,623 crore in 16 rounds of bidding conducted so far. The high interest for spectrum in the 1800 MHz band in Uttar Pradesh East circle saw Jio and Airtel locked in intense bidding on […]

By PTI
Published Date - 12:00 PM, Fri - 29 July 22
5G spectrum auction: Bidding enters day 4; bids worth Rs 1.49 lakh cr received so far
whatsapp facebook twitter telegram

New Delhi: The auction of 5G spectrum for ultra-high-speed internet services entered day four on Friday after garnering bids worth Rs 1,49,623 crore in 16 rounds of bidding conducted so far.

The high interest for spectrum in the 1800 MHz band in Uttar Pradesh East circle saw Jio and Airtel locked in intense bidding on Wednesday and Thursday, sustaining the tempo and stretching the auction timelines beyond initial expectations.

Billionaire Mukesh Ambani’s Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani’s flagship Adani Enterprises are in the race to bid for a 5G spectrum that offers speeds about 10 times faster than 4G, lag-free connectivity and can enable billions of connected devices to share data in real-time.

After a flying start on Tuesday that saw players pouring in Rs 1.45 lakh crore on day one, the numbers inched up incrementally over Wednesday and Thursday.

Bidding activities resumed on Friday with the 17th round.

Bids worth Rs 1,49,623 crore were received in 16 rounds of bidding till Thursday.

A total of 72 GHz (gigahertz) of radiowaves worth at least Rs 4.3 lakh crore is on the block.

The auction is being held for spectrum in various low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz), mid (3300 MHz) and high (26 GHz) frequency bands.

In addition to powering ultra-low latency connections, which allow downloading full-length high-quality video or movie to a mobile device in a matter of seconds (even in crowded areas), Fifth Generation or 5G would enable solutions such as e-health, connected vehicles, more-immersive augmented reality and metaverse experiences, life-saving use cases, and advanced mobile cloud gaming, among others.

Telangana Today Whatsapp
  • Follow Us :
  • Tags
  • 5G spectrum auction
  • Bharti Airtel
  • Mukesh Ambani
  • Reliance Jio

Related News

  • Airtel tops in 5G network experience

    Airtel tops in 5G network experience

  • Reliance Jio announces attractive offers for make in India iPhone 15 buyers

    Reliance Jio announces attractive offers for make in India iPhone 15 buyers

  • Jio AirFiber Launched | Reliance Jio 5G Wireless Broadband Service Now At Rs. 599

    Jio AirFiber Launched | Reliance Jio 5G Wireless Broadband Service Now At Rs. 599

  • Vodafone Idea denies being in discussions to be acquired by Verizon, Amazon or Starlink

    Vodafone Idea denies being in discussions to be acquired by Verizon, Amazon or Starlink

  • Vodafone Idea clears Rs 1701 crore spectrum auction instalment with DoT

    Vodafone Idea clears Rs 1701 crore spectrum auction instalment with DoT

  • Man illegally procures, sells Airtel’s CPE devices in Delhi, case registered

    Man illegally procures, sells Airtel’s CPE devices in Delhi, case registered

Latest News

  • ‘Ambedkar Reading Sessions’ at KBR Park to foster anti-caste awareness

    4 mins ago
  • Health Crisis In Andhra Pradesh: Rapid Spread Of Malaria And Dengue | Praja Arogya Vedika

    13 mins ago
  • CWC: New Zealand gear up for opener against England in Ahmedabad; players sweat in net practice

    24 mins ago
  • Rajinikanth’s first look from ‘Thalaivar 170’ out now

    34 mins ago
  • Indian Air Force receives first LCA Tejas trainer aircraft from HAL

    49 mins ago
  • Bengal school jobs scam: ED summons TMC’s Abhishek Banerjee on Oct 9

    58 mins ago
  • Gmail to enforce strict rules in 2024 to keep your inbox spam-free

    1 hour ago
  • Will deal with issue of immunity of lawmakers if criminality attached to acts: SC

    1 hour ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam