5G spectrum auction: Rs 1.45 lakh cr bids by Jio, Airtel, others on Day 1
Image Credit: economic times
India's largest ever auction of spectrum used to carry mobile signals saw bids of Rs 1.45 lakh crore for 5G airwaves from groups run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani on the first day on Tuesday. Bids were also received for 700 MHz band, Telecom Minister Ashwini Vaishnaw told reporters. As per the process, it will not be known until the close which company bagged how much of airwaves.