Telco EMDs for June 5G sale lowest since 2014 auction: Analysts

Kolkata: The earnest money deposits (EMDs) in the Rs 300-3,000 crore range submitted by India’s top telcos for the upcoming 5G spectrum auction are the lowest since the 2014 sale, and almost 79-86% lower than the submissions in the previous 5G auction of 2022, say analysts.