Jio collected ₹3000 crore for spectrum auction: 3 times more than Airtel and 10 times more than VI, DoT expected to get ₹10,000 crore

Reliance Jio has deposited Rs 3,000 crore as Earnest Money Deposit (EMD) for the 5G spectrum auction, which is 3 times more than Bharti Airtel Limited and 10 times more than Vodafone Idea (Vi) among the top-3 telecom companies. Is. According to the Department of Telecom (DoT), Bharti Airtel has deposited Rs 1,050 crore, while Vodafone Idea (Vi) has deposited Rs 300 crore. Spectrum rights will be given in the auction for 20 years, in which companies will have to pay in installments every year. Vodafone and Airtel will have to renew their licenses. The special thing is that Jio has deposited the maximum amount for the auction to be held on June 6, while none of its licenses are coming up for renewal. Both Airtel and VI will have to renew airwaves in some circles in the upcoming auction. In the upcoming auction, Airtel needs to renew airwaves in Jammu and Kashmir, Odisha, Bihar, UP (East), West Bengal and Assam. At the same time, Vodafone Idea, which recently raised funds through FPO, will have to renew its spectrum in West Bengal and UP West circles. Auction will be held at the base price of Rs 96.31 thousand crore. According to the news agency, the government will auction 8 spectrum bands for mobile phone services. This includes the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz bands. All the available spectrum will be put in the auction at a base price of Rs 96,317.65 crore. In this auction, apart from the spectrum held by some companies going through bankruptcy, the spectrum which is expiring on completion of the period in 2024 will also be kept. Jio had spent ₹ 88,078 crore in the last auction. Earlier, in the last auction held in 2022, Jio had spent the maximum of ₹ 88,078 crore on 5G spectrum. After this, Airtel spent Rs 43,084 crore and Vodafone Idea spent Rs 18,799 crore. In the 2022 spectrum auction, the government was offered 72,097.85 MHz spectrum with a validity of 20 years. At the same time, the name of Adani Group company suddenly appeared among the bidders. However, there is no new name in this auction. DoT expects to get Rs 10,000 crore. The Department of Telecom (DoT) is not expecting a very good response from the telecom operators in the auction this time. This is because last year itself companies had purchased a lot of spectrum. The focus of the companies will be on topup of the spectrum which is in their operation and is about to expire. The telecom department is expected to get around Rs 10,000 crore from the auction. What is spectrum and how does it work? Airwaves are radio frequencies within the electromagnetic spectrum that can carry information wirelessly for many services, including telecommunications. The government manages and allocates these airwaves. The spectrum can be divided into bands ranging from low frequency to high frequency. High-frequency waves carry more data and are faster than low-frequency waves, but they can be easily blocked or obstructed. Lower-frequency waves can provide wider coverage. Fifth Generation of Internet: 5G The fifth generation of Internet network is called 5G. It is a wireless broadband internet service, which provides high speed internet service through waves. There are mainly three types of frequency bands in it. Work will become easier with the introduction of 5G. A lot of things are going to change in India with the introduction of 5G internet service. This will not only make people’s work easier, but will also change a lot in the entertainment and communication sector. Ericsson, the company working for 5G, believes that in 5 years the number of 5G internet users in India is going to be more than 50 crore. What will be the benefits of starting 5G?

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