India has commenced its 2024 spectrum auction today, June 25, selling airwaves worth Rs 96,317.65 crore. The auction, which began at 10:00 AM, involves over 10,500 megahertz of mobile services radiowaves. The total spectrum being auctioned is 10,522.35 MHz in various bands, valued at Rs 96,238.45 crore at reserve prices. This auction aims to augment existing telecom services and maintain continuity of services. Major telecom carriers are expected to participate in this significant event. This is India's second 5G spectrum sale.
Spectrum auction for over 10,500 megahertz mobile services radiowaves worth over Rs 96,238 crore will start at 10 am, an official statement said on Tuesday. https://t.co/PxRksyu0zF
🔹To augment existing telecom services and maintain continuity of services, Government to hold the spectrum auction 🔹Total spectrum being auctioned is 10,522.35 MHz in various bands valuing Rs 96,238.45 crore at reserve prices 🔹Spectrum bands to go up for bidding include -…
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