Airtel top buyer, Jio the least; total proceeds at Rs 11,340 . 8 crore, lowest in auction history

In one of the shortest spectrum auction, which concluded in less than one-and-a-half days, Bharti Airtel sprang a surprise by acquiring the maximum airwaves at Rs 6,857 crore. It bought a total of 97 MHz spectrum in 900 MHz, 1800 MHz, and 2100 MHz bands.

This was also the first time since the auctions began in 2010 that the proceeds for the government came the lowest at Rs 11,340.8 crore. In 2022, the government had mopped Rs 1.5 trillion in the 5G spectrum auctions.