Reliance Jio the big winner in India’s $19bn 5G auction

India has concluded its long-delayed 5G auction, raising almost $19 million in what proved to be a much more competitive process than anticipated. 
The seminal 5G auction made spectrum in a huge array of spectrum bands – 600MHz, 700MHz, 800MHz, 900MHz, 1.8GHz, 2.1GHz, 2.3GHz, 3.3GHz, and 26GHz – available to the operators for the first time. 
The Indian operators have been trialling the new technology for the past year, with Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) all suggesting they would look to launch 5G services in 2022 as soon as the auction has concluded.
For a long time, however, the extent to which the Indian operators would want to compete in the 5G auction was unclear…

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