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The 2021 spectrum auction began on 1 March 2021 with a total of 2308.80 MHz spectrum available for auction. Three bidders participated in the auction - Airtel, Vi, and Reliance Jio. [53] The auction concluded after 2 days with bids being received for 37% of the spectrum on offer.
Although unlisted, IBSL was the only company that won broadband spectrum in all 22 circles in India in the 4G auction that took place earlier that year. [16] Later continuing as RIL's telecom subsidiary, Infotel Broadband Services Limited was renamed as Reliance Jio Infocomm Limited (RJIL) in January 2013. [17]
Ambani, who runs India's biggest telecom company, Reliance Jio, had tried since last year to seek a "balanced competitive landscape" and wanted to keep Musk at bay, as experts say a spectrum ...
In the letter, reviewed by Reuters, Reliance said it carried about 15 billion gigabyte of data every month in India after spending about $23 billion on spectrum auctions over the years, but ...
In what is seen as a battle between billionaires, the methodology of awarding spectrum for satellite services in India - a market set to grow 36% a year to reach $1.9 billion by 2030 - has been a ...
Telecommunications in India. India's telecommunication network is the second largest in the world by number of telephone users [3] (both fixed and mobile phones) with over 1.20 billion subscribers as of August 2024. [4] It has one of the lowest call tariffs in the world enabled by multiple large-scale telecom operators and the ensuant hyper ...
A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction format used, a spectrum auction can last from a single day to several months from the opening bid to the ...
Reliance Communications would assume responsibility for instalments that MTS owed the government for spectrum purchases, amounting to ₹ 3.92 billion (equivalent to ₹ 5.6 billion or US$68 million in 2023) every year for 10 years. As a result of the deal, Reliance acquired MTS India's subscribers and SSTL's spectrum in the 850 MHz band. [15]