Rs 96,000 crore telecom 5G spectrum auction to start today: Check details

India’s latest auction of 5G airwaves, valued at over Rs 96,000 crore, is set to commence on Tuesday.

Unlike the last auction in 2022, which saw the government earn a record Rs 1.5 trillion, this event is expected to be more subdued.

A report by The Economic Times quoted experts as saying that the low-key nature of the upcoming sale is due to Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) already possessing sufficient 5G airwave holdings and a lack of consumer-centric applications.