Auction of spectrum for the launch of 5G services is going on in the country. On Tuesday (July 26), the Telecom Ministry started the auction of the 5G spectrum. The auction process is expected to continue on Wednesday as well. On the first day of the spectrum auction, it has been told by the government that during the 5G spectrum auction, companies made more bids than expected.
It has been told by the government that in the four rounds of bidding held on the first day of the auction, the government has received bids for spectrum worth more than Rs 1.45 lakh crore.
After the first day's spectrum auction, Union Telecom Minister Ashwini Vaishnav said that in the first auction being held in India, the bids made by companies on the very first day touched the 1.45 lakh mark. The auction process for the 5G spectrum that began at 10 am on 26 July 2022 saw four rounds of bidding go through till 6 pm on the first day. During this, the minister also said that if the demand for more spectrum remains among the bidders, then the auction will continue on Wednesday as well.
The government wants to complete the process of the 5G spectrum auction by August 15
Telecom Minister Ashwini Vaishnav has said that bids have been received for 700 Mhz band frequency on the first day of the 5G spectrum auction. Vaishnav has said that the ministry wants to complete the auction process before August 15 this year, so that 5G services can be started in the country from September to October this year.
Apart from the three major mobile service providers, Adani Data Networks of the Adani Group is also participating in the auction process. Apart from Adani Group, Reliance Jio, Bharti Airtel, and Vodafone Idea will also bid for spectrum. A total of 72 GHz airwaves will be auctioned in this auction.
5G spectrum is being auctioned for 20 years
The spectrum of 72,097.85 MHz will be auctioned for 20 years. The spectrum frequencies for which the auction is taking place include the bands of 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, and 3300 MHz, and 26 GHz. According to reports, most telecom service providers will bid for spectrum in the mid-and high-bands to bring services with speeds and capacity that are about 10 times higher than 4G in the country.
Also Read: 5G Technology: We will never be able to do this work on 4G, 5G is the only option for this
India made significant efforts to trace and disrupt operations of terrorist organizations: US report
According to the US Bureau of Counterterrorism's 'Country Reports on Terrorism 2021: India', the Indian government has made significant efforts to detect and disrupt the operations of terrorist
Children suddenly started banging their heads, school administration panicked: Such people can change their voice, not ghosts, this is mass hysteria
In a school in Bageshwar, Uttarakhand, 8 children start crying, screaming, rolling on the ground, and banging their heads together without any reason. They have 6 girls and 2 boys. This video is
How to report if an Instagram account is hacked, here's how to recover the account
Instagram Account Recovery: In today's time, Instagram is one of the popular social media platforms, which is used by most people today and its popularity is increasing. Many great features are
'Imran Khan has become Imran Hashmi...' Naila Inayat took a jibe at the former PM of Pakistan surrounded in the call leak case
The difficulties of former Prime Minister of Pakistan Imran Khan are increasing. Now his name has allegedly come in the intimate call leak scandal. In the leaked call recording, a man can be heard
US Capitol Riot: Two years of US Capitol violence, Biden said- 'American democracy was attacked'
Two years have passed since the attack on the US Parliament. Regarding the Capitol Hill violence (US Capitol Riot), US President Joe Biden said that two years ago i.e. on January 6, 2021, the
Corona Cases in India: Coronavirus is scaring, 602 new cases found in the country Five people died
Corona Cases in India: A decrease in Corona cases was recorded in the country a day ago, but today once again an increase in Corona cases has been recorded. 602 new cases have been reported in the
IND vs SA: Arshdeep's magic was seen in the last ODI of the year for India, joined Lee's club, and lagged in profit
India defeated South Africa in the third ODI and won the series 2-1. This was India's second bilateral ODI series win against South Africa at home. Earlier, Team India had defeated South Africa 5-1 in
Himachal's art and culture will get a boost during G20 Summit, PM Modi will give special gifts to global leaders
Prime Minister Narendra Modi will present Chamba Rumal, Kangra Miniature Paintings, Kinnauri Shawl, and Himachali to global leaders in the upcoming G20 to promote the art and culture of Himachal
Russia-Ukraine War: America's claim - Russia and Ukraine's army lost more than 1 lakh soldiers, Putin looks weak
The Russia-Ukraine war is not taking its name to stop. Russia is continuously carrying out air strikes on Ukraine. Both countries are not ready to make any agreement, due to which both of them are
Hindu sweeper brutally thrashed in Pakistan: Angry mob surrounded on charges of blasphemy, news of the death
A Hindu sweeper in Pakistan was brutally thrashed by people on charges of blasphemy. The news is coming that the person has died, although some news is being told that the person has survived. The
