Prime Minister Narendra Modi on Saturday launched the 5G telephony services that promise to provide ultra high-speed internet on mobile phones, saying it marks the beginning of a new era and presents a sea of opportunities.
India's biggest ever auction of telecom spectrum held recently had received a record Rs1.5 lakh crore of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with a Rs 88,078 crore bid.
The top players Mukesh Ambani of Reliance, Sunil Bharti Mittal of Bharti Airtel, and Kumar Mangalam Birla of Vodafone Idea will start with select cities after Diwali but have ambitious targets for nationwide coverage.