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India’s 5G auction starts today. These are the companies in the race


According to a report, the number of 5G subscribers in India is expected to grow to 500 million by 2027. Mobile phones in the vast country have become almost indispensable even for the common people. rural India, with a farmer here taking a selfie during a demonstration of stock photos from 2019.

Vishal Bhatnagar | Afp | beautiful pictures

India’s 5G auction begins on Tuesday, and four local companies will enter the race to bid for the country’s first 5G spectrum before a scheduled to launch in 2023.

Bidders will include all three major mobile operators in India: Reliance Jio, the market leader, Bharti Airtel and Vodafone Idea.

The unexpected entry of Indian billionaire Gautam Adani as the fourth candidate could still rock the boat.

5G refers to the fifth generation of high-speed mobile internet, which promises super-fast download speeds that could support technologies like driverless cars and virtual reality.

total 72 gigahertz of 5G . spectrum will be in the block, to which the winning bidders will retain rights for 20 years.

In total, four bidders uploaded $2.7 billion (218 billion Indian rupees) serious money, the amount required to confirm a contract. The deposit amount seriously provides an indication of how much spectrum a company wants to buy.

The auction will see active bidding by Reliance Industries’ Jio, sent 140 billion rupees of serious money to the government – the largest amount among the candidates.

Other major mobile operators include Bharti Airtel which dropped Rs 55 billion and Vodafone Idea sent Rs 22 billion a large sum.

Adani joins the 5G race

The Adani Group The consortium, which operates mainly in the infrastructure sector, put down just 1 billion Indian rupees as an earnest money, allowing it to bid only for a limited amount of spectrum.

Before the fourth bidder’s identity was revealed, there was speculation about a new competitor in the mobile network and data space, which raised expectations for higher bids.

However, the company has moved to dismiss the speculation. When contacted by CNBC, the Adani Group denied any plans to enter the mobile phone sector.

“We are participating in the 5G spectrum auction to provide private network solutions along with enhanced cybersecurity in airports, ports and logistics, power generation, transmission, distribution and manufacturing operations. different,” the group said in a statement.

While the amount earned is meager Adani rules out Adani’s nationwide entry into the mobile space, it still leaves room to have enough spectrum to provide coverage in major cities like Mumbai and New Delhi, an important market.

In India, “5G is predicted to account for almost 40% of mobile subscriptions – 500 million – by the end of 2027”, according to a report. Ericsson’s recent reportone of the leading 5G equipment suppliers in the US

“By then, smartphone users in the region are forecast to consume an average of 50GB of data per month,” the report said, adding that “there is already a good foundation for mobile adoption.” 5G” consumption in the country.

The report cites a recent study that says consumers are significantly interested in 5G adoption. It is estimated that around 40 million smartphone users can use 5G in the first year of launch.



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