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DoT gets Rs 17,876 crore from telecom firms as upfront payment for 5G spectrum rights

DoT gets Rs 17,876 crore from telecom firms as upfront payment for 5G spectrum rights

Aug 20, 2022, at 05:16 pm

The Department of Telecom (DoT) has received payment of around Rs 17,876 crore from four telecom companies -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea -- for the 5G spectrum rights they won in a recent auction, media reports said.

5G spectrum auction ends, govt nets Rs 1,50,173 Cr with Jio sweeping lion's share

5G spectrum auction ends, govt nets Rs 1,50,173 Cr with Jio sweeping lion's share

Aug 02, 2022, at 05:03 am

New Delhi/IBNS: The Centre netted Rs 1,50,173 crore from the 5G spectrum auction which ended on Monday with billionaire Mukesh Ambani's Reliance Jio sweeping up the lion's share for the 5G spectrum.

5G spectrum: Telcos place bids worth Rs 1.45 lakh cr on day 1 of auction

5G spectrum: Telcos place bids worth Rs 1.45 lakh cr on day 1 of auction

Jul 27, 2022, at 05:44 am

New Delhi: The first day of the much-awaited 5G spectrum auction on Tuesday saw four rounds of auction with participants placing bids amounting to a total of Rs 1.45 lakh crore for the airwaves.

Adani Group to join race for 5G Spectrum with Jio, Airtel

Adani Group to join race for 5G Spectrum with Jio, Airtel

Jul 10, 2022, at 03:23 am

Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.