The 5G spectrum auction has started, and Jio may be the highest bidder.
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There is a 5G spectrum auction now underway. From this auction, the government is anticipated to make at least one lakh crore.
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Reliance Jio, Bharti Airtel, Vodafone Idea, and Adani Group are among the participants bidding in the auction.
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The 5G spectrum auction would feature a total of 72,097.85 MHz (MHz) of spectrum valued at least Rs 4.3 lakh crore.
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It will be valid for
20 years.
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With more than a billion consumers, India is the second-largest cellular market in the world.
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Companies must submit an Earnest Money Deposit prior to the auction (EMD).
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Which business put down how much money?
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