Government Receives Offers Worth Rs 1.5 Lakh Crore In 5G Spectrum Auction
The government, on the seventh day of the 5G spectrum auction on August 1, received bids totaling more than Rs 1.5 lakh crore. On July 26, India held its first-ever auction of 5G spectrum. The auction concluded after 40 rounds of bidding over the course of seven days. The total amount of the bids received was Rs 1,50,173 crore. Reliance… read-more
Tags: 5G, Central Government, 5G Spectrum Auction, bids, India
Courtesy: ANI
India Begins To Lay Groundwork For 5G Spectrum Auctions
India has started to lay the groundwork for the 5G spectrum auctions which is scheduled for later this year. The 5G mobile services, which will reportedly be rolled out within 2022-23, is expected to contribute at least $450 billion to the Indian economy. It is also expected to create various job opportunities across the country. According to union minister Vaishnaw, the 5G will be rolled out in August or September.
Tags: 5G, Telecom, Mobile Network, 4G, 5G Spectrum Auction
Courtesy: ANI