Airtel share hits 3-month high on spectrum payment
Sunil Bharti Mittal-led telecom company on Wednesday paid ₹8,312.4 crore upfront to the telecom department for airwaves acquired in the recently concluded 5G auctions.
spectrum auction
August 2022
June 2022
March 2021
5G to drive India’s mobile data revenue up to 67% by 2026: Report
5G services will drive mobile data usage in the country by 29% and data revenue by 67% between 2020 and 2026
Cabinet approves 5G spectrum auction; 72,097.8 MHz to be put on block
A total of 72,097.85 MHz of spectrum with 20-year validity will be put to auction in July. Auction will be held for spectrum in various low, mid and high frequency bands.
When warring telcos came to a muted spectrum auction
The auction made the exchequer richer by around ₹77,815 crore. According to earlier estimates, the government had put on the block airwaves worth ₹3.92 lakh crore.
