Airtel pays ₹8,312.4 cr for 5G spectrum; settles 4-yr dues
In the recently-concluded 5G auction, Airtel acquired 19,867.8 MHz spectrum by securing a pan India footprint of 3.5 GHz, 26 GHz bands for around ₹43,040 cr
In the recently-concluded 5G auction, Airtel acquired 19,867.8 MHz spectrum by securing a pan India footprint of 3.5 GHz, 26 GHz bands for around ₹43,040 cr
5G spectrum auction for ultra high-speed internet service is stuck over telcos' battle for grabbing spectrum of 1,800 MHz bands of UP East
Adani Data Networks is the only enterprise that has applied to take part in the 5G spectrum auction; the rest three are incumbent telcos.
5G is projected to account for almost 40% of mobile subscriptions – 500 million – by the end of 2027, says a recent Ericsson report.
The deal comes with a stipulation that the proceeds shall be used to induce fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers.
This is a new version of the PLI scheme as it focuses on design.
Gupta questions high 5G reserve prices in the backdrop of the national digital communication policy that says maximising revenue is not the government's aim.