The 5G Spectrum Auction concluded after seven days of bidding wars. A total of Rs. 1,50,173 crore of radio waves were auctioned, making this the biggest sale of radio waves in India.
Reliance Jio, Bharti Airtel, Vi and Adani Data Networks were the bidders in the fight for 5G Spectrum. Of the total 72,098 MHz of spectrum available at auction, 51,236 MHz were sold to bidders in the auction, announced the Union Minister of the Telecommunications Department Ashwini Vaishnaw.
Telecom industry responds to PM @narendramodi Ji telecom reforms: 5G spectrum auction raises Rs. 1,50,173 million. pic.twitter.com/3lLMKbPzubAugust 1, 2022
The Telecommunications Minister also mentioned that the spectrum allocation will be completed by August 10th. He also mentioned that 5G services are expected to launch from October this year.
5G Spectrum Auction Results: The Bidders
Reliance Jio emerged as the clear winner in terms of value spent on 5G spectrum, with a total bid value of Rs. 88,078 million. It captured almost half of the spectrum available at auction.
Reliance Jio is the only bidder to acquire 700MHz in all 22 circles. It acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands.
The company claimed in a released statement (opens in new tab)that this will make it “the only operator providing True 5G services across India. He also said this in the statement,” Jio has acquired a unique combination of low-band, mid-band and mmWave spectrum, which together with our deep fiber and native technology platforms, will allow us to provide 5G everywhere and 5G for everyone (consumers and businesses)”
Bharti Airtel was the second largest in the 5G spectrum auction with a total bid amount of Rs. 43,084 million. Airtel acquired the 19867.8 MHz spectrum in the 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz frequency bands.
In the media statement released by the company, it stated that the company plans to start 5G services in all parts of the country and will start in major cities. And the company expects its customer base to quickly adopt 5G service soon.
Gopal Vittal, MD and CEO of Bharti Airtel has this to say in media statement (opens in new tab): “Airtel is pleased with the results of the 5G auction. This acquisition of spectrum in the last auction was part of a deliberate strategy to buy the best spectrum assets at a substantially lower relative cost compared to our competition.”
Vi (Vodafone Idea)
Vi acquired spectrum in the 3300MHz and 26GHz 5G bands, with bids worth Rs. 18,799 million. The offer seems much smaller than that of Jio and Airtel.
The company acquired spectrum in the 3300MHz band for 17 circles and 5G mmWave spectrum (26Ghz band) in 16 circles.
Adani data networks
Adani Data Networks, a subsidiary of the Adani group, has now acquired 5G spectrum in the 400 MHz band, with an offer value totaling Rs. 212 million. The company acquired spectrum in these regions: Gujarat, Mumbai, Karnataka, Tamil Nadu, Rajasthan and Andhra Pradesh.
It has been officially confirmed by the company that it will only focus on B2B 5G services. This means that the company will offer its 5G data services to corporate customers and not offer its 5G data services to retail consumers.
Next: Let’s wait for the launch of 5G
5G phones were launched in India, but the infrastructure for these phones was non-existent. Now that the 5G spectrum auction is over, we have an official date set for the launch of 5G in India. The Union minister gave an October ETA. Let’s wait for October to see if indeed telecom companies will start 5G services in India.