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The Wall Street Publication > Blog > Tech > India Telecom Companies Bid Heavily in First 5G Auction
Tech

India Telecom Companies Bid Heavily in First 5G Auction

Editorial Board Published July 27, 2022
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India Telecom Companies Bid Heavily in First 5G Auction
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NEW DELHI—Indian telecom operators bid aggressively in the first government auction for 5G airwaves in the world’s second-biggest wireless market after China.

The battle for next-generation airwaves saw telecom giants Reliance Jio Infocomm Ltd., Bharti Airtel Ltd. and Vodafone Idea Ltd. put in bids worth over 1.49 trillion rupees ($18.6 billion), nearly double the government’s initial estimates.

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