The number of 5G subscribers in India is expected to increase to 500 million by 2027, according to a report. Cell phones in this vast country have become almost indispensable even among rural Indians, with a farmer here being seen taking a selfie during a protest in a 2019 photo.
Vishal Bhatnagar | Afp | Images Getty
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The 5G auction starts in India on Tuesday, and four local companies will compete to bid for the country’s first 5G spectrum before Planned launch in 2023.
Bidders will include India’s top three mobile operators: market leader Reliance Jio, Bharti Airtel and Vodafone Idea.
The sudden entry of Indian billionaire Gautam Adani as the fourth candidate could still rock the boat.
5G refers to the fifth generation of high-speed mobile internet that promises lightning-fast download speeds that can support technologies such as self-driving cars and virtual reality.
what a total 72GHz from espectro 5G It will be on the block, where winning bids will retain their rights for 20 years.
In total, the four bidders they put US$ 2.7 billion (INR 218 billion) In real money, the mandatory amount required to confirm the contract. The amount of money deposited provides an indication of how much spectrum a company is willing to buy.
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| 5G bidders | Make Money (In Indian Rupees) |
|---|---|
| Trust Geography | 140 billion |
| Bharti Airtel | 55 billion |
| Vodafone idea | 22 billion |
| Adani data networks | 1000000000 |
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o auction You will see aggressive bids by Trust Industries Jio, who deposited 140 billion rupees in real money with the government – the largest amount among competitors.
Other major mobile operators include Bharti Airtel, which has placed INR 55 billion and Vodafone Idea, which has deposited INR 22 billion in real money.
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o Grupo Adani The conglomerate, which works primarily in infrastructure, has put up just INR 1 billion as collateral, allowing it to bid for only a limited amount of spectrum.
Before the identity of the fourth bidder was revealed, there was speculation of a new competitor in the mobile network and data space, fueling expectations of a higher bid.
However, the company moved to quell speculation. When contacted by CNBC, the Adani Group rejected plans to enter the mobile phone business.
“We are participating in the 5G spectrum auction to provide private network solutions, as well as enhance cybersecurity in airports, ports, logistics, power generation, transmission and distribution, and various manufacturing operations,” the group said in a statement.
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While a small amount of serious money Discarding Adani’s national entry into the mobile space, it still leaves room for enough spectrum to provide coverage in major cities like Mumbai and New Delhi, which is a key market.
according to A recent report from Ericssonone of the leading providers of 5G equipment in the United States
“Until then, smartphone users in the region are expected to consume 50GB of data per month on average,” the report said, adding that “a good basis for 5G acceptance already exists” in the country.
The report, citing a recent study, said there is strong consumer interest in adopting 5G. It is estimated that around 40 million smartphone users could use 5G in the first year of its availability.
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