5G Spectrum is Still Costly in India, Will Telcos Spend Huge Money
Apart from the IPL (Indian Premier League), one more area where the Ambanis are expected to bid heavily is the spectrum auction for offering 5G mobile services. The good thing for Jio, owned by Reliance Industries Limited (RIL), is that they have the money to pull off big purchases. While they have submitted a huge EMD (Earnest Money Deposit) compared to their competitor, the question is, will they follow up... Read More