Spectrum auction enters sixth day of bidding; garners nearly Rs 1.5 lakh crore so far

New Delhi, 31/7: The auction of the 5G spectrum capable of offering ultra-high-speed internet entered the sixth day of bidding on Sunday after receiving bids worth 1,49,966 crore in the first five days from players like Reliance Jio and Bharti Airtel.

The bidding resumed on Sunday morning with the 31st round, and the subsequent round is currently under way, sources said.


The pitched battle in Uttar Pradesh East circle – where demand for 1800 MHz had peaked since Wednesday – seems to be cooling off now, indicating that the auctions may be entering the final leg, according to industry sources.

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