Indians may have to wait until next year for 5G services to arrive , according to Finance Minister Nirmala Sitharaman. “Required spectrum auctions will be conducted in 2022 to facilitate roll-out of 5G mobile services within 2022-23,” she said in her 2022 budget speech on 1 February, 2022.
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Jio purchased 488.35 MHz (megahertz) of airwaves across three bands (800 MHz, 1800 MHz and 2300 MHz) for Rs 57,122.65 crore. This was highest among all telco who collectively bought 855.7 megahertz (MHz) of airwaves for Rs 77,814 crore over two days.
Read moreWho owns the spectrum in India?
BSNL paid the Indian government ₹ ₹101.87 billion (equivalent to ₹190 billion or US$2.5 billion in 2020) for spectrum in 20 circles and MTNL got spectrum for 3G services in 2 circles, Delhi and Mumbai.
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