5G Spectrum: Bid amount goes past Rs 1.45 trillion on second day of auction
Image Credit: economic times
India's auction of the 5G spectrum, capable of offering lag-free connectivity and ultra-high speed internet, has garnered Rs 1.49 trillion worth of bids so far as the sale stretched to the third day. Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea had put in bids worth Rs 1.45 trillion on an opening day on Tuesday and incremental demand for airwaves came in five rounds held on Wednesday.