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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This move is expected to generate significant interest cost savings and enhance cash flows as the telecom giant nears the completion of its nationwide 5G rollout
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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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