Four candidates including Adani for 5G spectrum auction, official listing released | Catch My Job

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The Telecommunications Department said it has received applications from Adani Data Networks Ltd, Reliance Jio Infocomm, Vodafone Idea Ltd and Bharti Airtel Ltd to participate in the upcoming 5G auction to license the 600 MHz, 700 MHz, 800 spectrum. MHz, 900 MHz , 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz and 26 GHz.

10 things to know about the upcoming 5G auction:

The telecommunication department said “This list is for informational purposes only and does not imply that these applications have been processed or pre-certified in any way.”

The 5G auction will begin on July 26.

The winner will be entitled to use the spectrum for 20 years.

Total spectrum 72,097.85 MHz worth at least ₹430 billion will be blocked during the auction.

The Cabinet last month approved a bid for 5G at a reserve price suggested by the Telecoms Regulatory Authority of India (TRAI).

to attract bidders Payment terms have been relaxed.

For the first time there is no mandatory prepayment requirement by the winning bidder.

Winners will be required to pay in 20 installments per year to be paid in advance at the beginning of the year. This easing is expected to significantly reduce cash flow requirements and reduce the cost of doing business in the sector.

Adani Group’s entry into the spectrum auction will intensify competition in upcoming auctions, including corporate 5G space, the Adani Group said, “We are participating in the 5G spectrum auction to provide solutions. Private networks with increased cybersecurity in airports port and transportation power generation, power transmission, distribution and manufacturing operations,” the Adani Group said last week.

Goldman Sachs analysts said while Adani Group said it did not intend to stay in the consumer mobility space. “We believe that if the Adani Group ends up buying spectrum in an upcoming auction, It may increase competition in 5G enterprises, in addition to opening the door for the Adani Group to expand into consumer mobile services over time.” (with agency input)

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