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5G Spectrum Auction: Auction of 5G spectrum started from today, these 4 companies are involved in the competition

5G Spectrum Auction : 5G Rollout in India Will not only be a topic of discussion, but will soon be a reality. The first major phase of the rollout process will begin today, July 26, with four giants bidding for 72GHz radiowaves worth Rs 4.3 lakh crore.

5G auction Started at 10 am while the entire sale process may take a few days. Also, let us tell you that four companies – Adani Enterprises, Bharti Airtel, Reliance Jio and Vi (formerly Vodafone Idea) will participate in the bidding process.

5G Spectrum Auction: Who is the participant in the race

India’s biggest ever auction of spectrum providing telephone and internet data signals began on Tuesday with a total of 72 gigahertz (GHz) 5G airwaves worth Rs 4.3 lakh 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, which offers ultra-high speed (about 10 times that of 4G). fast) offers. Lag-free connectivity, and can enable billions of connected devices to share data in real-time.

5G Spectrum Auction: Expected to earn one lakh crores

With this auction, the industry expects that the process can go on for two days and spectrum will be sold around the reserve price. In this round of spectrum auction, apart from existing telecom service providers Reliance Jio, Bharti Airtel and Vodafone Idea, Gautam Adani’s company Adani Enterprises is also going to bid for 5G. The Department of Telecommunications is expected to generate revenues ranging from Rs 70,000 crore to Rs 1,00,000 crore from the auction of 5G spectrum.

5G Spectrum Auction: Who made the big bet

Market analysts say there is little hope of aggressive bidding during the auction. This is because spectrum is available in sufficient quantity whereas there are only four bidders. Reliance Jio has deposited an amount of Rs 14,000 crore with the department for the auction while Adani Enterprises has deposited only Rs 100 crore. The same Sunil Mittal of Bharti Airtel has also deposited an amount of 5500 crores for the auction and on behalf of Vodafone-Idea has also deposited an amount of 2200 crores in the department.

5G Spectrum Auction: Government Confirmed

A total of 72GHz spectrum will be auctioned across multiple frequency bands, including 600MHz, 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300MHz, 3300MHz and 26GHz.

5G Spectrum Auction: When will 5G start in India?

Since the bidding starts today, it is clear that the back date scheduled for 5G rollout in August will not be possible. In that case, we can expect Airtel, Reliance, or Vi to start testing 5G commercially in September or October. IT Minister Ashwini Vaishnav had earlier clarified that 20 to 25 Indian cities will get 5G connectivity by the end of 2022. He had also indicated that the actual network price for regular users in India would be lower than the global market.

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