5G Spectrum Auction Begin Today – Expected Soon in India!!!

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5G Spectrum Auction Begin Today – Expected Soon in India!!!
5G Spectrum Auction Begin Today – Expected Soon in India!!!

5G Spectrum Auction Begin Today – Expected Soon in India:5G Spectrum auction begins today on 26th July 2022. The Indian Government is going to sell a total of up to 72 (gigahertz) of spectrum worth Rs.4.3 lakh crore. This blog explained about 5G spectrums. Refer to our blog for more details about the 5G spectrums.

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The Topmost companies of Airtel, Jio, Reliance, Idea, and Vodafone are participating in this auction. Mukesh Ambani is the chairman and managing director of Reliance Industries Ltd. And he is the buyer with a money deposit of Rs.14,000 crores. The sale of around 80,000 crores proceeds by the government  from which will be used by companies to build 5g network capacities and strengthen the current network.

The 5g networks are begins in next few months in India but this network will be launched only in metro cities and bigger towns. 5g network is not available in village areas at initially. After some development period this upgraded 5G network will also available for the people in the urban and remote areas as well as the large cities.

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