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Friday, July 29, 2022

5G auction resumes on day 5, bidding battle for UP-E in 1800 MHz continues

Day four was driven entirely by the fight for the 1800 MHz spectrum in UP (East) that ensured the action would move into day five. The fourth day had seen seven rounds of bidding, with the per unit price of the 1800 MHz band increasing by 49% over its base price, to Rs135.6 crore for UP (East). The price has jumped as Bharti Airtel fought with larger rival Reliance Jio to protect its market share in India’s most populous circle with some of its 900 MHz airwaves expiring in 2024, said industry executives.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/61Jg9in

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