5G Spectrum: Jio Becomes the Highest Bidder with Rs 88,078 Crore

On 26th July 2022 India has concluded on the 5G spectrum. Jio has taken the most 5G bands during the auction. Jio has acquired a 5G spectrum in the 700MHz, 800MHz, 1800MHz,3300MHz and 26Hz bands. Total Jio has 26,772MHz spectrum which is highest in the country. The telco also gained the highest sub-GHz 5G spectrum and 1,000 MHz mmWave (26 GHz) across 22 circles in India.

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During the auction, Bharti Airtel acquired a 19,867 MHz spectrum with bid amount 43,084 crore and Vi got a 2,668 MHz spectrum with bid amount 18,784 crore. In the auction Adani Group also participated and got 400 MHz spectrum with bid amount 212 crore. 

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