Spectrum auction concludes with ₹11,340 cr bids; here’s how telecom stocks react
Bharti Airtel emerged as the biggest bidder by securing 69% of the total MHz on offer, followed by VIL at 21%, and RJio at 10%.
spectrum auction
June 2024
August 2022
June 2022
March 2021
Spectrum auction: Reliance Jio acquires 1800 MHz for ₹974 cr
Jio has acquired the right to use spectrum in the 1800 MHz band in Bihar and West Bengal for ₹973.63 crore.
Airtel share hits 3-month high on spectrum payment
Sunil Bharti Mittal-led telecom company on Wednesday paid ₹8,312.4 crore upfront to the telecom department for airwaves acquired in the recently concluded 5G auctions.
5G to drive India’s mobile data revenue up to 67% by 2026: Report
5G services will drive mobile data usage in the country by 29% and data revenue by 67% between 2020 and 2026
Cabinet approves 5G spectrum auction; 72,097.8 MHz to be put on block
A total of 72,097.85 MHz of spectrum with 20-year validity will be put to auction in July. Auction will be held for spectrum in various low, mid and high frequency bands.
When warring telcos came to a muted spectrum auction
The auction made the exchequer richer by around ₹77,815 crore. According to earlier estimates, the government had put on the block airwaves worth ₹3.92 lakh crore.
