![]() ![]() The higher the amount submitted, higher the chance of a bidder in actually buying radiowaves.Īmong the four participants, the smallest EDM share comes from Adani Enterprise at Rs. For the unaware, EDM indicates the likelihood of a participant in purchasing the spectrum. ![]() All the four participants had deposited EDM (Earnest Money Deposit) ahead of the auction to be eligible for the process. For reference, the 5G network in South Korea reaches more than 400 Mbps, meaning you can download 1 GB worth of data in just a little over two seconds.ĥG auction in India: How does the process work?įour bidders are participating in the 5G auction namely Adani Enterprises, Bharti Airtel, Reliance Jio, and Vi (formerly known as Vodafone Idea). The biggest benefit of 5G will be the ability to transfer huge amounts of data in just seconds. It follows up after 3G and 4G networks and adds more speed and reduced latency to the network to make connectivity faster, across a greater bandwidth and more instantaneous in nature. What is 5G spectrumĥG is the fifth-generation mobile network. Read on to know what 5G spectrum is, how the auction process works and what is the expected timeline for actual 5G rollout in India. The bidding is currently underway and now the individual stakeholders will buy the spectrum based on their business strategy and demand of radiowaves to create operational 5G infrastructure. ![]() ![]() According to reports, 72GHz of radiowaves will be disbursed for a total amount of Rs. The 5G spectrum auction started today, July 26, at 10 AM and the process will go on for a few days till the entire spectrum is auctioned. The long awaited dream of becoming a 5G capable nation for India is now in its final stages. After months of preparation, the 5G auction in India has finally begun today. ![]()
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