5G auction in India

The long-awaited 5G spectrum auction is finally upon us. The government has put up 72 Ghz of spectrum for auction with a validity of 20 years. In its entirety, the spectrum is worth 4.3 trillion rupees at base price.

So, what strategies will the participants adopt? A company’s earnest money deposit amount impacts its spectrum buying capacity. Through the earnest money, the company gets eligibility points, which have a bearing on the quantity of airwaves it can pick up across various bands and circles. However, telcos do sometimes go in for a higher earnest money deposit just to confuse their competitors. Otherwise, what the telcos plan to spend on the auction is estimated to be eight to 10 times the earnest money deposit.

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India’s 5G Spectrum Auction Kicks Off; Reliance Jio, Bharti Airtel Lead the Race



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