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Spectrum Auction Concludes With ₹ 77,815 Crore Bids, Reliance Jio Emerges Top Buyer

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Spectrum Auction Concludes With ₹ 77,815 Crore Bids

Highlights:

  • The auction of telecom spectrum ended today with total bids of Rs 77,814.80 crore for the airwaves.
  • Three bidders – Bharti Airtel Ltd, Vodafone Idea Ltd, and Reliance Jio Infocomm Limited (RJIL) – participated in the auction.
  • The provisional results are subject to scrutiny and approval by the government.

The spectrum auction 2021 concluded on Tuesday with the government receiving total bids worth Rs 77,814.80 crore. The auction began on March 1 and concluded at 12.45 pm on Tuesday, after a total of six rounds of bidding.

Prakash Ji said that bidding took place for spectrum in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz and 2300 MHz bands. The total quantity of spectrum for which right to use has been acquired is 855.60 MHz. The participants did not bid in the 700 MHz and 2500 MHz bands.

Reliance Jio

JIO likely to launch 5G servies in the second half of 2021 in India

Reliance Jio Infocomm become the biggest bidder with 488.35 MHZ of spectrum acquired for Rs 67,122 crore. The company announced that it has successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auction.

RJIL has enhanced network capacity to service its existing users as well as hundreds of millions of more subscribers on its network. The acquired spectrum can be utilised for transition to 5G services at the appropriate time.

Airtel

Airtel collaborates With Qualcomm for 5G Services in India

Airtel acquires spectrum worth Rs 18,699 crore in auction. All of the spectrum will enable Airtel to deliver 5G services in future.

Airtel has now secured a pan-India footprint of the Sub GHz spectrum that will help improve its deep indoor and in-building coverage in every urban town.  Moreover, the spectrum will also help improve its coverage in villages.

The operator said that the 700 MHz band did not receive any bid from any operator due to the high reservice price. Therefore, the Government should consider the pricing of these bands.

VI

Vi said that it has managed to acquire spectrum in five circles, which will help in increasing its 4G services in the country. The Company has strengthened its position in the mid-band. Besides, this will help the operator to roll or deliver 5G services in the future.

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