Spectrum Auction 2021 Concluded as Reliance Jio Becomes Top Bidder

Spectrum public sale 2021 was concluded on Tuesday, after lasting for 2 days and 6 bidding rounds in whole. Reliance Jio emerged as the most important bidder, with Rs. 57,122.65 crores for 488.35MHz spectrum, the Ministry of Telecommunications and Information Technology mentioned in a press release. The operator famous that with the recent bidding, its spectrum footprint elevated by 55 % to 1711MHz and have become the biggest spectrum holdings in sub-GHz and 2300MHz. Bharti Airtel, however, emerged because the second greatest bidder within the public sale. It acquired 355.45MHz of airwaves at Rs. 18,698.75 crores. Vodafone Idea, that operates underneath the model Vi, got here final with 11.80MHz spectrum at Rs. 1,993.40 crores.

Through the most recent spectrum public sale, the federal government was in a position to garner Rs. 77,814.80 crores for the whole of 855.60MHz spectrum. Incremental bids for Rs. 668.20 crores had been notably made on Tuesday alone.

Reliance Jio, Airtel, and Vi had been the one bidders for the spectrum public sale 2021 that put airwaves in 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, and 2300MHz bands on bidding. However, the ministry mentioned that the individuals didn’t bid in 700MHz and 2500MHz bands.

The authorities acquired bids for the 855.60MHz spectrum out of 2308.80MHz being put to public sale this time. Excluding spectrum in 700MHz and 2500MHz, that is about 60 % of the spectrum put to public sale, the ministry famous.

Reliance Jio mentioned in a separate assertion that it acquired the proper to make use of spectrum in 22 circles throughout the nation within the lately concluded spectrum auctions. The operator mentioned that the acquired spectrum could possibly be utilised for transition to 5G providers. However, you will need to word that the most recent spectrum public sale was specifically for 4G bands as the federal government is but to kick off a selected bidding for 5G networks.

“With our increased spectrum footprint, we are ready to further expand the digital footprint in India as well as get ourselves ready for the imminent 5G rollout,” mentioned Mukesh Ambani, Chairman, Reliance Industries.

Airtel mentioned in its assertion that it acquired 355.45MHz spectrum throughout sub-GHz, mid-band, and 2300MHz that may cowl 90 million extra prospects.

“Airtel now has a solid spectrum portfolio that will enable it to continue delivering the best mobile broadband experience in India,” mentioned Gopal Vittal, MD & CEO (India & South Asia), Bharti Airtel.

The operator additionally highlighted that not one of the operators collaborating within the newest public sale did not decide the 700MHz band because of the absence of financial case based mostly on the excessive reserve costs. The low-frequency band is particularly used to bolster inner mobile protection.

“The 700MHz band coupled with the 3.5GHz band has the potential to accelerate India’s progress to the top league of digitally enabled nations. Therefore, the reserve pricing of these bands must be addressed on priority in future. This will help the nation to benefit from the digital dividend that will inevitably arise out of this,” it mentioned.

Vodafone Idea famous that it entered the public sale this yr holding the biggest quantum of spectrum with a really small fraction. It will probably be “administratively allocated and used for GSM services, coming up for renewal,” the operator talked about.

Spectrum assigned to the collaborating telecom operators will probably be legitimate for 20 years.

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