Spectrum Auction 2023-24: Airtel, Vi and Jio acquire spectrum worth Rs. 11,340 crore

After the end of the India’s spectrum auction for 2023-24 that ended after 2 days and 7 rounds, the government got bids worth Rs. 11,340 core for a total quantum of 141.4 MHz spectrum (26.5%). Continue reading “Spectrum Auction 2023-24: Airtel, Vi and Jio acquire spectrum worth Rs. 11,340 crore”

Jio deposits Rs. 3,000 crore earnest money ahead of spectrum auction

Ahead of the spectrum auction, which is scheduled to commence on June 6th, the Department of Telecom (DoT) has released the amount of earnest money deposit (EMD) bank guarantee by the applicants, Reliance Jio, Airtel and Vodafone Idea (Vi) that have submitted their applications earlier this month. Continue reading “Jio deposits Rs. 3,000 crore earnest money ahead of spectrum auction”