The invitation for the spectrum auction was initiated on 8 March 2024
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This time, the 5G spectrum in eight bands—800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3.3 GHz and 26 GHz—valued at approximately Rs 96,238.45 crore at reserve prices, is up for sale
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The auction will feature airwaves in eight bands: 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3.3 GHz, and 26 GHz
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It is suggested that the upcoming airwaves sale is likely to be low-key as Reliance Jio, Bharti Airtel and Vodafone Idea (Vi) already have sufficient 5G airwave holdings and 5G adoption remains low
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According to a statement by the Union Ministry of Coal, in this round of coal auction, 60 blocks will be offered.
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The rating agency says that the spread between the cut-off of the ten-year SGS and the 10-year G-sec (7.10 GS 2034) yield eased to 35 bps on 7 May 2024, from 38 bps last week.
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No new company has applied this time around. In the previous auction held in 2022, a unit of the Adani group surprised everyone by participating
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