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 moreWhy does the government own the spectrum?
Just like natural resources are divided for their fair use, the spectrum is also required to be auctioned by the government. The government auctions it to those companies that can use it to offer several services and recoup their investments . The first spectrum auction in India was conducted for 900MHz band, in 1994.
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.
Read moreWhat is meant by spectrum auction?
A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources .
Read moreWhat is a 4G spectrum?
It harmonized spectrum in the 800MHz band in 19 LSAs, 900MHz in 8 areas, 1,800MHz band in 21 areas, 2,100MHz band in three zones, and 2,300MHz band in 16 telecom circles. Spectrum harmonization allows efficient use of airwaves held by operators, leading to improved service quality for consumers.
Read moreWhich company was the highest bidder at the most recent for the spectrum auction in India?
Reliance Jio has emerged the highest bidder in the 4G telecom spectrum auction, which concluded on Tuesday in just six rounds, beating incumbents Bharti Airtel and Vodafone Idea by a wide margin. The Centre would get Rs 77,815 crore from the two-day auction — one of the shortest in a decade.
Read moreWhat is spectrum telecom sector?
Spectrum relates to the radio frequencies allocated to the mobile industry and other sectors for communication over the airwaves .
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