Sat, Jul 30, 2022
Auctions for 5G spectrum continued for the fifth day on Saturday, after fetching bids worth Rs 1,49,855 crore from players such as Reliance Jio and Bharti Airtel so far.
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Thu, Jun 16, 2022
India is soon going to get 5G services. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the DoT's ( Department of Telecommunications) 5G Spectrum auction. Soon to provide 5G services, spectrum will be assigned to bidders. The cabinet has claimed that 5G services are going to be about 10 times higher than 4G services. PIB also detailed that "auction will be held for spectrum in various low like (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz) and High (26 GHz) frequency bands.” Cabinet also said that The bidders will have an option to surrender the specturm after 10 years with no future liabilities with respect to instalments.
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