Reliance Jio was the top bidder to the airwaves capable of offering speeds about 10 times faster than 4G, lag-free connectivity
Telecom Minister Ashwini Vaishnaw on Thursday said 16 rounds of bidding have been completed in three days and the auction will continue on Friday
The cumulative spectrum sale crossed the Rs 1.50 lakh crore milestone on the sixth day of bidding on Sunday
The spectrum allocation will happen most likely in August, post-auction. The Department of Telecom expects Rs 70,000 crore to Rs 1,00,000 crore from the 5G auctions
The high interest for spectrum in the 1800 MHz band in Uttar Pradesh East circle saw Jio and Airtel locked in intense bidding on Wednesday and Thursday
