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Home Share bazaar Spectrum public sale price 96 thousand crores began right this moment, these firms positioned bids
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Spectrum public sale price 96 thousand crores began right this moment, these firms positioned bids

<p>New Delhi: The Division of Telecom (DoT) has began the public sale of spectrum price Rs 96,317.65 crore from right this moment. The Union Cupboard has accepted the public sale of 10,523.15 MHz spectrum throughout all bands on the reserve worth. All unsold spectrum from the earlier sale will come up for bidding once more. [&hellip;]</p>

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By News Desk
25 June 2024
Spectrum public sale price 96 thousand crores began right this moment, these firms positioned bids

Spectrum public sale price 96 thousand crores began right this moment, these firms positioned bids

New Delhi: The Division of Telecom (DoT) has began the public sale of spectrum price Rs 96,317.65 crore from right this moment. The Union Cupboard has accepted the public sale of 10,523.15 MHz spectrum throughout all bands on the reserve worth. All unsold spectrum from the earlier sale will come up for bidding once more. This contains airwaves in 800, 900, 1800, 2100, 2300, 2500, 3300 MHz and 26 GHz bands, overlaying a big a part of the voice and knowledge spectrum on the market.

The DoT has introduced that Reliance Jio, Bharti Airtel and Vodafone Thought have collectively put up Rs 4,350 crore for bidding. In response to media reviews, that is 5 occasions lower than the final 5G spectrum public sale in 2022.

Why is the public sale held?

Firms get factors based mostly on the EMD (earnest cash deposit) quantity they deposit, which permits them to bid for the variety of circles and the quantity of spectrum. Extra factors imply extra bidding energy. Telecom firms can bid for spectrum as much as 12 occasions their EMD. A current be aware from IIFL Securities stated there may be little or no demand for spectrum.

Demand for spectrum decreased

All unsold spectrum from the final sale is up for bid once more. However the quantity of spectrum on supply has decreased by greater than seven occasions since 2022. In response to the report, Jio (108 million) and Airtel (72 million) have seen 5G penetration of about 20 to 22 per cent of their subscriber base.

Airtel will add no less than 25,000 5G websites in circles of Maharashtra, Gujarat, Madhya Pradesh and Chhattisgarh, Kerala and West Bengal to enhance rural protection, for which it has enough spectrum.

Vodafone Thought has determined to not renew a few of its spectrum in West Bengal and Uttar Pradesh West circles, the place renewal was due for 12 MHz within the 1800 MHz and 900 MHz bands.

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News Desk

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