The auction of 5G telecom spectrum is being held on Tuesday i.e. today. The online bidding process has started from 10 am and will continue till 6 pm. Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Networks are among the bidders for 5G telecom spectrum.
In some media reports, quoting sources related to this matter, it has been told that the first and second rounds of 5G spectrum auction have been completed. The bidding process has now entered the third round. A total of 72 GHz spectrum worth Rs 4.3 lakh crore has been put on the block in the auction.
Its validity will be 20 years. The auction is taking place for various low frequency band, medium and high frequency band radio waves. The company that is successful in this will be able to provide 5G service. In India, 5G is being claimed to be about 10 times faster than the current 4G service.
Reliance deposits 140 times more than Adani’s
Recently, to participate in the 5G spectrum auction, Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Networks had deposited earnest money. Reliance’s intentions are known from the fact that its earnest money is 2.5 times that of Bharti Airtel and 6.3 times more than Vodafone Idea. This is 140 times more than Adani’s deposit.
Adani deposited Rs 100 crore
Vodafone Idea has deposited Rs 2,200 crore, Bharti Airtel Rs 5,500 crore, Adani Data Networks Rs 100 crore and Reliance Jio Rs 14,000 crore, according to the list of pre-qualified bidders posted on the DoT website.
jio highest eligibility points
With an EMD of Rs 14,000 crore, the eligibility points allotted to Jio for the auction are 1,59,830, the highest among the four bidders. Typically, the EMD amount gives a broad indication of the player’s appetite, strategy and plan to pick up spectrum in the auction. Airtel’s eligibility points are 66,330, while Vodafone Idea has 29,370. Adani got 1,650 points.
What is spectrum and how does it work?
Airwaves are radio frequencies within the electromagnetic spectrum that can carry information wirelessly for many services, including telecommunications. The government manages and allocates these airwaves. The spectrum can be divided into bands ranging from low frequency to high frequency. High-frequency waves carry more data and are faster than low-frequency waves, but they can be easily blocked or obstructed. Lower-frequency waves can provide wider coverage.
Auction for these frequency bands
The auction was conducted for radio waves in various low frequency bands (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz), medium (3300 MHz) and high frequency bands (26GHz) Will go These bands will help the operators to strengthen their network coverage. Of the 10 bands, the 600 MHz, 700 MHz, 3.3 GHz and 26 GHz bands have never been allocated.
Internet’s fifth generation 5G
The fifth generation of internet network is called 5G. It is a wireless broadband Internet service that provides high-speed Internet service through waves. There are mainly three types of frequency bands in it.
Low Frequency Band – Best in area coverage, internet speed 100 Mbps, internet speed low
Mid Frequency Band – Internet speed 1.5 Gbps above low band, area coverage less than low frequency band, good in terms of signal
High Frequency Band – Internet speed maximum 20 Gbps, lowest area cover, good in terms of signal too