India 5G auction raises $19bn


72Ghz of spectrum was up for auction in India’s 5G airwaves sale and 71% of it has been sold for $19 billion. The winning bids came from Mukesh Ambani’s Reliance-Jio (R-Jio), Vodafone Idea, Bharti Airtel and Gautam Adani’s Adani Data Networks. Adani is the world’s fourth richest man with a worth of €112 billion, but …

The post India 5G auction raises $19bn appeared first on Electronics Weekly.



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