The much coveted 700 Mhz band, which went unsold in the auctions of 2016 and 2021, took centrestage in the latest 5G spectrum sale. Reliance Jio emerged as the top bidder, and it was no coincidence, say analysts.
5G spectrum auction: The ongoing 5G spectrum auction indicated that the country s telecom industry has come a long way in 5G advancements, said Vaishnaw.
5G spectrum auctions will be held in July. Once ready for commercial rollout, the next-gen network will be available in only 13 cities initially. This also raises the question of whether one should buy a 5G smartphone now in India.
"Auction is in time. July was the timeframe for the auction. August-September was the timeframe to begin rollout," Union IT minister Ashwini Vasihnaw said.