5G Spectrum Auction: Reliance Jio Becomes Top Spender; Airtel, Vodafone Idea and Adani in Close Competition

Reliance Jio emerged as the biggest spender in India's 5G spectrum auction, winning airwaves worth $11 billion (nearly Rs. 87,000 crore). Meanwhile, Airtel and Vodafone won spectrum worth $5.4 billion (nearly Rs. 43,000 crore) and $2.4 billion (nearly Rs. 19,000 crore). Meanwhile, Adani purchased airwaves worth nearly $27 million (nearly Rs. 215 crore). The firm does ...