Key Points about 5G Spectrum Auction

Key Points about 5G Spectrum Auction 

India's this latest market sensation 5G spectrum auction, which is going to held on 26th July, 2022.

The key points about this spectrum auction : 

1. 72 GHz of 5G spectrum will be on the block.

2. The winning bids will retain the rights for next 20 years.

3. There are 4 market players in this bidding.

4. They have put up the total sum of Rs.218 billion rupees which is required mandatory sum to confirm a contract of the 5G network.

5. The list of all 4 5G bidders are :

 • Reliance Jio

 • Bharti Airtel

 • Vodafone Idea

 • Adani Data Networks

6. The list of cities, which receive 5G services : 

  • Mumbai

  • Delhi

  • Bangaluru

  • Gurugram

  • Lucknow

  • Pune 

  • Kolkata

  • Hyderabad

  • Ahmedabad

  • Chandigarh

5G technology based services will be capable of delivering speed 10 times higher than current 4G technology based services.

e₹ : india's own digital currency releasing very soon