Indian 5G Spectrum Auction: DoT Elated with Response, Jio Pulls All Stops with $10.1 Bil+, Airtel Push
[audio m4a="https://tonsetelecom.com/wp-content/uploads/2022/07/Episode-7_tonse5Gplus_jul28.m4a"][/audio] [caption id="attachment_1129" align="alignnone" width="300"] Tonse Pai[/caption] The Indian 5G Spectrum Auction is live as we release this episode. Bids for 72GHz of spectrum across various bands from 700MHz, through mid-band (C band) including High band (26GHz) across multiple LSA, were available. Govt mightily pleased with the results so far, as on day 1 itself they received commitments of over Rs. 1.49 lakh Cr (roughly $18.1bil), and at this point on day 3 bidding is still in progress. Jio Platforms Limited (of Reliance Industries) is going all out in bidding for best-suited bands - 700MHz, 3.3-3.6GHz, and 26GHz, and select bands in between making sure its pan-India 5G dream becomes a reality. Jio also released its quarterly earnings report which looks very good with robust subscriber growth, with its…