Auction Process For 5G Spectrum Will Start Today

In the process of auction, the three giants of the telecom sector- Reliance Jio, Bharti Airtel, and Vodafone-Idea are participating.
Auction Process For 5G Spectrum Will Start Today
Auction Process For 5G Spectrum

The auction of the 5G spectrum in the country is starting on 26th July i.e. today. In the process of auction, the three giants of the telecom sector- Reliance Jio, Bharti Airtel, and Vodafone-Idea are participating. Apart from this, Gautam Adani's company is also participating in spectrum auction for its commercial benefit. At present, Gautam Adani does not plan to enter the telecom sector.

Jio, Airtel, Vodafone-Idea, and Adani Group Bidding for the 5G spectrum

Jio, Airtel, Vodafone-Idea, and Adani Group have deposited a total advance of Rs 21,800 crore for the 5G spectrum. The 72 GHz spectrum will be included in the auction process, with a validity of 20 years. Its total value will be Rs 4.3 lakh crore. However, this time there is less chance of a bidding war between the companies for spectrum. Experts say that companies will buy spectrum only for 71,000 crores.

Features and benefits of 5G

The speed of 5G will be at least 10 times more than 4G internet. With this, more internet devices will be able to connect in less area and there will be no effect on speed. The payment system will be stronger and faster with 5G. Many new technologies will also emerge. You will be able to watch augmented reality and virtual reality videos.

Auction Process For 5G Spectrum Will Start Today
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