Advanced Television

Reliance Jio Infocomm

India’s Jio spends $11bn on 5G auction

India’s competing telcos spent more than $19 billion (€18.7bn) in the government auction of 5G spectrum. Reliance Jio Infocomm, Bharti Airtel and Vodafone Idea have spent seven days competing with each other to make the majority of the acquisitions, purchasing 71 per cent of all offered spectrum, which the government said totally exceeded its expectations. […]

August 3, 2022By Chris Forrester