Reliance Jio now capable of offering speeds about 10 times faster than 4G
Reliance Jio is now capable of offering speeds about 10 times faster than 4G
5G Spectrum Auction ends last week with the worth of ₹1,50,173 crore being sold. Market leader Reliance Jio has emerged as the most aggressive bidder, followed by second Bharti Airtel.
Reliance Jio was the top bidder to the airwaves capable of offering speeds about 10 times faster than 4G, lag-free connectivity and can enable billions of connected devices to share data in real-time.
Today monday marked as the 7th day of auction. The list of all 4 5G bidders were :
• Reliance Jio
• Bharti Airtel
• Vodafone Idea
• Adani Data Networks
5G technology based services will be capable of delivering speed 10 times higher than current 4G technology based services.
This 5G ultra-high speed mobile internet connectivity, is almost double at ₹77,815 crore worth 4G airwaves sold last year and triple of ₹50,968.37 crore garnered from a 3G auction in 2010.
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