Thursday, 13 April, 2023

India's 5G spectrum auction enters its 4th day with bids worth $19B

<p>At least $19B in bids had been made for the Indian 5G spectrum as of the fourth day of the auction. The bidders for 5G airwaves included Reliance Industries&#39; Jio, competitors Bharti Airtel and Vodafone Idea, as well as billionaire Gautam Adani&#39;s Adani Enterprises Ltd. By September of this year, the Indian government hopes to start rolling out 5G, which it claims can deliver data speeds around ten times faster than 4G.</p>