‘AAAs’ of Indian telecom dominate the 5G spectrum auction bids

New Delhi/Ahmedabad: As India’s 5G auction closed after 2 days of hectic meetings, 3As of India telecom industry; namely Ambani, Airtel and Adani ruled the top positions. Reliance bid the highest tender for 5G Spectrum auction in the last two days.  Jio bids the highest amount Rs. 89,000 crores followed by Airtel and other medium size players in the telecom business.

The government netted Rs 1,50,173 crore from 5G spectrum auction which ended on Monday.
‘Telecom industry responds to PM @narendramodi Ji’s telecom reforms: 5G spectrum auction grosses Rs. 1,50,173 Crore,’ Union Minister of Electronics and Information Technology Ashwini Vaishnaw said in a tweet.
Jio acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands in the auctions while Airtel acquired 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100MHz, 3300 MHz and 26 GHz frequency bands through the auction for Rs 43,084 cr.
Akash M Ambani, Chairman, Reliance Jio Infocomm said, “We have always believed that India will become a leading economic power in the world by adopting the power of breakthrough technologies. This was the vision and conviction that gave birth to Jio. The speed, scale and societal impact of Jio’s 4G rollout is unmatched anywhere in the world. Now, with a bigger ambition and stronger resolve, Jio is set to lead India’s march into the 5G era.’

Adani Data Networks Ltd (ADNL) has acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band.

ADNL secured this spectrum for 20 years in the first ever 5G spectrum auction conducted by the Government of India’s Telecommunications Department, a statement from the company said.
The newly-acquired 5G spectrum is expected to help create a unified digital platform that will accelerate the pace and scale of the Adani Group’s digitization of its core infrastructure, primary industry and B2C business portfolio.
Acquiring 400MHz of spectrum is the Group’s first step in integrating its digital infrastructure portfolio, which includes data centres, terrestrial fibre and submarine cables, industrial cloud, AI innovation labs, cybersecurity and SuperApps.
“We must compliment the transparent and efficient process of this first 5G multi-band multi-round multi-player spectrum auction. It is a great manifestation of the digital expertise our government brings in the journey to an Atmanirbhar Bharat. 5G solves our nation’s connectivity needs in unprecedented ways and will be crucial in helping us prepare the IT infrastructure we need for the future,” said Gautam Adani, Chairman of the Adani Group.
“The Adani Group’s foray into the industrial 5G space will allow our portfolio companies to offer a set of new add on services that capitalizes on all the other digital segments we are building. Given that our portfolio is a highly distributed asset intensive investment that are all being revolutionized by sensitization and fast becoming IoT enabled, we believe the next data surge will be created more by machines than by people as all devices get interconnected. This data will need to be streamed, stored, processed, and analysed by other machines in real time and this capability will change every single industry,” he said.
“It will help build a set of services that the market cannot even fully conceptualize today. This volume will be exponentially higher and generated at the edges, especially in a country like India, where the Tier 2 and 3 cities are witnessing the fastest all-round growth,” Adani added. (UNI)