5G Spectrum Auction Ends, Total Bid Over Rs.15 Billion Rs. | Catch My Job


India’s first 5G spectrum auction ends today with a cost-effective spectrum Sold for Rs.1,50,173 crore, the report said that billionaire Mukesh Ambani’s Jio became the highest bidder in the leadership combination.

Monday is the seventh day of the auction. The temporary figure for sales revenue is Rs 1,50,173 crore and the last digit is being counted.

Reliance Industries’ Jio, rivals Bharti Airtel and Vodafone Idea, and billionaire Gautam Adani’s Adani Enterprises Ltd are all bidders for the 5G spectrum.

The subup from the 5G spectrum that can offer ultra-fast mobile internet connectivity is nearly double that. Last year, 4G radio sales amounted to Rs.77,815 crore and tripled. Collected Rs. 50,968.37 crore from 3G auction in 2010.

Jio is the highest bidder for radio waves that can offer speeds approximately 10 times faster than 4G, lag-free connections. And it can enable billions of connected devices to share data in real time, followed by Bharti Airtel and Vodafone Idea.

The new entrant Adani Group is said to have acquired 26 Mhz spectrum to set up a private telecom network.

Both Bharti and Jio will likely build spectrum in India for 5G with Vodafone Idea recruiting participation.

In the past 6 days of the auction of 5G spectrum that can provide ultra-high-speed internet good value bid Rs.1,50,130 crore received Seven new rounds of auctions held on Sunday ‘Calls’ are on the rise. 163 crore

Telecommunications Minister Ashwini Vaishnaw has previously said that the 5G auction has emphasized that the industry needs to expand and enter a period of growth.

Vaishnaw expects the rollout of 5G, which the government says can deliver data speeds about 10 times faster than 4G, by October this year.

This year, radio waves around 72 GHz (gigahertz) are at least 4.3 Trillion was put on the blog The auctions were held in the low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz), mid (3300 MHz) and high (26 GHz) bands.

In addition to driving ultra-low latency connections. This allows full-length high-quality videos or movies to be downloaded to your mobile device in seconds. (Even in congested areas), Fifth Generation or 5G will enable solutions like e-health, connected vehicles, augmented reality experiences and metaverse, life-saving use cases. and advanced mobile cloud gaming

Auction at the best price $145 billion on the first day of July 26, with the following day seeing only a slight increase in demand in some circles.

with the agency’s inputs

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