5G spectrum auction: Government gets Rs 1.5 lakh crore bid News – Times of India Videos

Aug 02, 2022, 12:35 AM ISTSource: ANI

Information Technology Minister Ashwini Vaishnav, while addressing a press conference in Delhi on August 01, informed that the auction of 5G spectrum has been successfully completed with a total bid amount of Rs 1,50,173 crore. “The auction of 5G spectrum was successfully completed with a total bid amount of Rs 1,50,173 crore. 72,098 MHz of spectrum was offered for auction and out of which 51,236 MHz have been sold,” he said. “About 71 per cent of the total spectrum has been sold to the total bidders. Operator-wise Quantum – Adani Data Networks Ltd bought 400 MHz (in 26 GHz), Bharti Airtel Ltd bought 19,867 MHz (900 MHz, 1800 MHz, 2100) . MHz, 3300 MHz and 26 GHz),” he said.