5G Update: The 5G spectrum assignment letter has been issued, so requesting telecom services firms to prepare for launch, said telecom minister Ashwini Vaishnaw.
Richest Indian Gautam Adani's group on Tuesday said the Rs 212 crore worth of spectrum it has bought in a millimetre wave band will be used to create a private network to support its businesses and data centres.
Billionaire Mukesh Ambani's Reliance Jio on Monday emerged as the largest bidder for the 5G spectrum, acquiring close to half of all the airwaves sold in the latest auction for Rs 88,078 crore.
India's biggest ever auction of airwaves ended today, with a record of over Rs 1.5 lakh crore worth of spectrum being sold, According news agency Press Trust of India. Mukesh Ambani's Jio emerged as the top bidder to consolidate its leadership position.