5G Spectrum Auction: Jio becomes the highest bidder with Rs 88,078 Crore bid

5G Spectrum Auction: Jio becomes the highest bidder with Rs 88,078 Crore bid

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The 5G spectrum auction, which began on July 26 in India, has ended and Jio was named the highest bidder in the process. The telecom operator acquired multi-band 5G transmissions which were sold to it for Rs 88,078 crore. Here are the details to know.

5G spectrum auction: Reliance Jio becomes most aggressive bidder

Jio has acquired 5G spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands, totaling up to 26,772 MHz, which is the highest in India.

With a presence in the 700MHz band, Jio will undoubtedly become the "only operator to provide pan-India True 5G services with higher speeds, lower latency and massive connectivity."

The telco also got the highest sub-GHz 5G spectrum and 1,000 MHz mmWave (26 GHz) across 22 circles in India.

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5G Spectrum Auction: Jio becomes the highest bidder with Rs 88,078 Crore bid.
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