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5G race; Adani Group to challenge Jio, Airtel to acquire telecom spectrum

What: India’s first auction of 5G airwaves saw applications of participants from four companies including Bharti Airtel, Reliance Jio, Vodafone Idea and Adani Group.

Auction: During the auction that is set to commence on July 26 2022, a total of 72,097.85 MHz of spectrum (low, mid, high) worth ₹4.5 lakh crore will be put on the block.

Adani Group: Considering the potential pf all the other telecom groups, the participation of Adani group could boost competition levels and there could be aggressive bidding for 5G spectrum among the participants.