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TIME s World s Most Influential Companies list includes Reliance and Tata
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Reliance, Tata on TIME s list of world s most influential companies
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Bharti Airtel: The modest EMDs, this time round, signal the prospect of selective bidding in the upcoming sale and the government selling at most 21% of the nearly Rs 97,000 crore (around $12 billion) worth of 5G airwaves on offer, analysts added.
India s top telcos submit low earnest money deposits (EMDs) for the upcoming 5G spectrum auction, marking the lowest since 2014. Analysts suggest selective bidding, foreseeing maximum spectrum demand of $2.5 billion, far below previous auctions. Reliance Jio leads EMDs; Airtel and Vi likely focus on renewals and selective bidding for 5G rollout.
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