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DoT Receives Bids Worth 1.49 Lakh Crore in 5G Spectrum Auction: Details

5G Spectrum Auction: DoT Receives Bids Worth 1.49 Lakh Crore, as Auction Stretches to Fourth Day

The auction of 5G spectrum for ultra high speed internet services will stretch to the fourth day on Friday, after 16 rounds of bidding conducted so far fetched bids worth Rs. 1,49,623 crore.

Billionaire Mukesh Ambani’s Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani’s flagship Adani Enterprises are in the race to bid for 5G spectrum, that offers speeds about 10 times faster than 4G and…


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