Telecom spectrum auction ends with ₹77,815 crore bids; Jio top buyer with ₹57,122 crore
The Hindu
India's first auction of telecom spectrum in five years ended on Tuesday with ₹77,814.80 crore of airwaves being bought, mostly by billionaire Mukesh Ambani's Reliance Jio.
Over 2,250 MHz of spectrum, that carry telecom signals, in seven bands worth nearly ₹4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday.
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