The Union Ministry of Electronics & Information Technology Ashwini Vaishnaw addressed the "Indian 5G Opportunity" and said, the rollout of the 5G spectrum is expected to start in October. He further added, that within a year or two, India should have a significant presence in the country. Notably, India is aiming for… read-more
Courtesy: The Free Press Journal
The Centre on May 4 gave a green light to telecom service providers (TSPs) to conduct 5G spectrum trials in the country. Rejecting Chinese telecom gear makers, the Telecom Department approved Ericsson, Nokia, Samsung, C-DOT and Reliance Jio’s indigenously developed technology to conduct trials. The department has given 6-month duration to conduct the trials. Moreover, it has also allowed Telecos to use their existing spectrums to conduct… read-more
Reliance Jio has become the top bidder at the 2021 4G spectrum auction by acquiring the 488.35MHz band for Rs 57,122.65 crore. Becoming the largest holder in 2300 MHz and sub-GHz spectrum, Jio increased its spectrum footprint by 55%. Similarly, Airtel and Vodafone-Idea have acquired 355.45 MHz and 11.80 MHz respectively, worth Rs 18,698.75 crore and Rs 1,993.40 crore. However, participants didn't bid for 700 MHz and 2500 MHz.
Reliance Jio has taken lead in earnest money deposit for the 5G spectrum auction scheduled from March 1. Investing Rs 10,000 crore EMD, Jio has been allocated the highest eligibility points (73,007) by the Telecom department. While Airtel deposited Rs 3,000 crore, Vodafone was allocated 6,153 points over its Rs 457 crore EMD. The 2,251.25 megahertz spectrum worth Rs 3.92 lakh crore auction will be in seven frequency bands.
Courtesy: The Telegraph