10th spectrum auction for radio waves worth ₹96,238 crore to start at 10 am

Spectrum auction for over 10,500 megahertz mobile services radio waves worth over ₹96,238 crore will start at 10 am, an official statement said on Tuesday. It is the 10th spectrum auction since the process for sale of radio waves started through an online bidding process in 2010.

“The government begins the auction of Spectrum for Telecom Services today at 10:00 AM,” the statement said. The last spectrum auction was held in August 2022, which, for the first time, included radio waves for 5G services.