5G Spectrum Auction Date 2022: The 5G spectrum auction concluded successfully with a total bid amount of Rs 1,50,173 Crores, informed Union Telecom Minister Ashwini Vaishnaw on August 1, 2022. The Minister stated that a total of 72,098 MHz of spectrum was offered for auction, out of which 51,236 MHz has been sold.
The Telecom Minister informed that the fifth generation (5G) telecom services are likely to be launched in India by October 2022. He stated that all formalities including approval and allocation of the 5G spectrum to the successful bidders and upfront payment will be completed by August 12.
A total of 40 rounds of bidding were conducted in the past seven days. Overall, 71 percent of the total spectrum that was bid out has been sold to four top bidders including Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Networks.
5G Spectrum Auction 2022- Who was the top bidder?
- Reliance Jio Infocomm was the top bidder with bids worth Rs 88,078 crore, accounting for 58.65 per cent of the total Rs 1,50,173 crore received by the government in the 5G Spectrum auction.
- Reliance Jio made bids to acquire 24,740 MHz (in 700 MHz, 800 MHz, 1800 MHz, 3300 MHz & 26 GHz).
- Bharti Airtel made bids worth Rs 43,084 crore to acquire 19,867 MHz spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz & 26 GHz bands.
- Vodafone Idea Ltd made bids worth Rs 18,799 crore to buy 6,228 MHz spectrum in 1800 MHz, 2100 MHz, 2500 MHz, 3300 MHz and 26 GHz frequency bands.
- Adani Data Networks Ltd made bids worth Rs 212 crore to acquire 400 MHz spectrum in 26 GHz frequency band.
5G Auction Dates
The 5G Spectrum Auction had begun on July 26th and concluded on August 1, 2022.
5G Spectrum Auction 2022: 7 Important Facts
1. The four major bidders in 5G Spectrum Auction 2022 included Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Group.
2. The four bidders deposited a combined amount of Rs 21,800 crore in Earnest Money Deposit (EMD), based on which they were eligible to bid up to about Rs. 1.9 lakh crores.
3. Reliance Jio, which deposited Rs 14000 crore, had the highest EMD, followed by Bharti Airtel that submitted Rs 5500 crores, Vodafone Idea which submitted Rs 2200 crores and Adani deposited Rs 100 crores.
4. The EMD reflects the quantity of airwaves a company can bid for in the 5G Spectrum auction.
5. The 5g auction was held for different spectrum bands including low, mid and high frequency bands. The 5g spectrum auction saw 72,000Mhz (72GHz) airwaves go up for bids with reserve price being Rs 4.3 lakh crores.
Spectrum Bands:
Low frequency bands- 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz
Mid Frequency bands- 3300 MHz
High Frequency Ban- 26 GHz
When will 5G launch in India?
The 5G services are likely to be rolled out in India by October 2022, as per Union Telecom Minister Ashwini Vaishnaw.
What is 5G spectrum auction?
The 5G Spectrum auction is a process through which the government sells the rights to transmit signals over specific bands of the electromagnetic spectrum and assigns scarce spectrum resources.
What is Spectrum?
Spectrum refers to radio frequencies that can carry information wirelessly for a range of services including telecommunications. These wireless signals enable enable us to make calls, use our social media, book an Uber, get directions or use Google maps using our mobile devices.
The frequencies we use for wireless communication form a portion of what is called the electromagnetic spectrum, which encompasses several other frequencies that we interact with daily.
How does spectrum work?
There are three spectrum bands for wireless communication- low, mid and high band spectrum. All three bands are essential for robust network, in this a robust 5G network.
Spectrum Bands-
The low spectrum band travels longer distances with minimal signal interruption and is suitable to serve thousands of people over long distances with fewer towers.
The mid spectrum band comprises both low and high band spectrum, providing a mix of coverage and capacity.
The high-band spectrum, which is above 24 GHz, travels shorter distances but offers high capacity and ultra-fast speeds. It is however subject to interference from dense objects.
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