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
Puri Jagannath: Mahabahu will depart from Janma Bedi to Ratna Bedi, a huge crowd gathered to see the return of the ruler of the world and pull the chariot
The play of Jagat Niyantara Jagannath Mahaprabhu was completed on Monday at Janam Bedi. Today, Mahaprabhu will depart from Gundicha Temple Janam Bedi to Ratna Bedi with his brother and sister. The
Uniform Civil Code Bill: Private member bill related to Uniform Civil Code introduced in Rajya Sabha, a huge uproar
Uniform Civil Code Bill: A private member's bill related to the implementation of the Uniform Civil Code in India was introduced in the Rajya Sabha on Friday. BJP MP Kirori Lal Meena introduced it. 63
Gujarat Election 2022: CM Mamta Banerjee's target, 'Roadshows are not allowed on the day of voting, but PM Modi and his party...'
West Bengal Chief Minister Mamata Banerjee left for Delhi on Monday (December 5) to attend the G20 meeting. Chief Minister Mamta Banerjee said that I am going to participate in G20. After this, I will
LokSabha Election: 280 candidates are first-time MPs, including artists, former CMs, and former judges
The results of the Lok Sabha elections have been announced. This time, 280 candidates have reached the Parliament for the first time. These include former Chief Ministers, film stars, political
Ind Vs Eng Test: Rohit's platoon made this strategy against England in Ranchi, the team batting first will get the advantage.
In the fourth Test match to be played between India and England from February 23 at JSCA Stadium, the team batting first will have the upper hand. That means the team that wins the toss will not
Train Accident: Goods train crashes near Gurpa station on the Howrah-New Delhi route, and many trains canceled
Train Accident Howrah New Delhi Route 53 bogies of a coal-laden goods train derailed near Gurpa station between Koderma and Gaya Junction of Grand Card Saxon on the Howrah-New Delhi route. The
Praveen Sood CBI: Praveen Sood appointed as the new director of CBI, has ties with Karnataka, and will have a tenure of two years
Praveen Sood has been appointed as the new director of CBI. Praveen Sood has been appointed for two years. Praveen Sood has also been the Chief of Police of Karnataka earlier. Praveen Sood will
As soon as Ram Charan came to Mumbai, he took blessings of Ganpati Bappa at Siddhivinayak temple, this is why people praised him.
Ram Charan At Siddhivinayak: South cinema superstar actor Ram Charan has now become a Pan India star. Wherever he goes, fans do not hold back from showering love on him. Ram Charan's Pan India release
Seattle Caste Discrimination: Seattle becomes the first American city to end caste discrimination, the proposal passed
The American city of Seattle became the first city in the country to abolish caste discrimination. The local council in Seattle voted to include race in the city's anti-discrimination laws. The move
Attack on BSF jawans on Indo-Bangladesh border: More than 100 Bangladeshi villagers killed with sharp weapons, guns snatched; 2 young serious
Bangladeshi villagers and miscreants attacked BSF jawans who were doing their duty to protect Indian farmers on the international border. Two soldiers were seriously injured in this attack. He has got
