Spectrum auction ends on Day 2 with total Rs. 11,340 cr bids, officials say

Quick Summary:

Govt had opened spectrum worth Rs.

The government had set a reserve price of Rs 96,317.65 crore for the 10,523.15 MHz worth of spectrum put to auction.

The latest auction for 5G airwaves has seen low bidding owing to operators.

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Category: BusinessFinance

Markets: India

Topics: Reliance Jio Spectrum Auction Telecom industry Telcos Auction Bharti Airtel Telecom Vodafone Idea Earnest money deposits

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 15:35:24 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21393200

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