The pitched battle in UP East circle - where demand for 1800 MHz had peaked since Wednesday - seems to be cooling off now, indicating that the auctions may be entering the final leg, say sources
The reserve price fixed for spectrum is a "fair number" and the same is visible from the auction outcome, said telecom minister Vaishnaw
Reliance Industries' Jio, rivals Bharti Airtel and Vodafone Idea, as well as billionaire Gautam Adani's Adani Enterprises Ltd were all among the bidders for 5G airwaves
Auctions for 5G spectrum continued for the fifth day on Saturday, after fetching bids worth Rs 1,49,855 crore from players such as Reliance Jio and Bharti Airtel so far.
Seven rounds of bidding took place and incrementally Rs 232 cr came in on Friday. In all, 23 rounds of bidding have been conducted so far
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Announcing the sixth edition of the India Mobile Congress (IMC) 2022, he said that the industry has emerged to become a sunrise industry in India and a benchmark for the world.
India's 5G spectrum auctions entered Day 3 on Thursday with tenth round of bidding for airwaves that would power lag-free connectivity and ultra-high speed internet
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It is 5x more efficient, compared to the 1800 MHz for rural area coverage, and twice as efficient as 900 MHz
The ninth round of bidding is on, the Telecom Minister said
With better than expected Rs 1.45 lakh crore bids coming in on the first day, the auction of 5G spectrum entered the second day on Wednesday with the opening of the fifth round
The opening day of the biggest telecom auction in the country ended with top telecom firms buying spectrum worth more than Rs 1.45 trillion across frequency bands including 5G
Hope to complete spectrum allocation by Aug 15; 5G services expected in many cities by 2022-end, says Telecom Minister Ashwini Vaishnaw
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The country's largest telecom services provider and other operators are set to lock horns in the auction for 5G spectrum. Will this be an aggressive battle? Will this be a turning point for India?
The 5G auctions will be a financial boost for Prime Minister Narendra Modi's government, which is trying to tame inflation and rein in the fiscal deficit
The Adanis, after the initial noise as to whether it will get into mobile telephony, will stay clear of consumer 5G mobile