Jio, Airtel, and Vi Deposit Money for Upcoming Spectrum Auction: Details

This auction is expected to be slightly muted compared to the one that took place in 2022. The center generated about Rs 1.5 lakh crore from the 2022 auctions and sold 72,097.85 MHz airwaves.

Highlights

  • Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) have submitted money for the upcoming spectrum auction.
  • The telcos have submitted a total of Rs 4,350 crore. Jio, like the previous few auctions, has submitted the most money.
  • Jio submitted Rs 3,000 crore, while Bharti Airtel and Vodafone Idea Rs 1,050 crore and Rs 300 crore.

Follow Us

airtel jio vi deposit money spectrum auction

Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) have submitted money for the upcoming spectrum auction. The telcos have submitted a total of Rs 4,350 crore. Jio, like the previous few auctions, has submitted the most money. Jio submitted Rs 3,000 crore, while Bharti Airtel and Vodafone Idea Rs 1,050 crore and Rs 300 crore. The data was released by the Department of Telecommunications (DoT).




For the upcoming auctions, the DoT will avail the following spectrum bands for the telcos - 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 GHz - valued at Rs 96,317.65 crore.

Read More - Bharti Airtel CEO on Unlimited 5G, Vodafone Idea, Tariff Repair and More

This auction is expected to be slightly muted compared to the one that took place in 2022. The center generated about Rs 1.5 lakh crore from the 2022 auctions and sold 72,097.85 MHz airwaves. From the upcoming auction, the government is expected to generate around Rs 10,000 crore. Airtel and Vodafone Idea will likely only spend money on airwaves for circles where their existing spectrum is expiring.

The good thing about the new spectrum acquired in the upcoming auction will be that it will not attract spectrum usage charges (SUC). Airtel CEO, Gopal Vittal has already said that they will be spending less than usual in the upcoming auction. Telcos aren't even going to invest heavily in 5G airwaves anymore as the return on that investment will be negligible or absent for quite some time. They have enough airwaves to expand 5G and are deploying infrastructure to reach more areas with it.

Read More - How Bharti Airtel’s Homes Business Performed in FY24

Vi is also slowly refarming the 3G spectrum in several circles to use it for 4G. This will help the telco in 4G capacity expansion and improve the coverage. What will be interesting to see is how Jio approaches the spectrum auction. The competitors will also have a keen eye on what Jio is doing, as it will reveal a lot about the company's strategy and planning for the future.

Reported By

Editor in Chief

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Recent Comments

Faraz :

"It is not because the telco doesn't deliver SIMs" It is precisely because of that. In my near local store,…

Breaking: BSNL Starts Home Delivery of SIM Cards, Get Details…

Faraz :

I did not understand "designed to allocate numbering resources for 750 million telephone connections" part. 9xxx series itself can have…

TRAI Issues Consultation Paper on Revision of National Numbering Plan

Bhagwan Choudhari (Bhagwan Advocate) :

It is good achievement

Breaking: BSNL Starts Home Delivery of SIM Cards, Get Details…

TheAndroidFreak :

I think they will charge 499 for 2GB/day plan. I think there will be bulk data starting with 300-500GB per…

Breaking: Bharti Airtel Launches New Rs 395 Prepaid Plan: Details

Faraz :

More like "Airtel already made first move in tarrif hike" by making calling only plan cost 200+ a month. Now…

Breaking: Bharti Airtel Launches New Rs 395 Prepaid Plan: Details

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments