Telecom Spectrum Auction 2021: Reliance Jio, Airtel and Vodafone Idea win spectrum as auction raises Rs. 77814 crore for Govt

The Department of Telecom (DoT) has announced the winners in the 2021 spectrum auction in various circles that ended after 2 days. At the end of the auction government got bids worth Rs. 77,814.80 core with Rs. 77,146 raised on the first day after four rounds and Rs 668.20 crore raised in the two rounds on the second day. This substantially exceeded pre-bid estimates of Rs. 45,000 crore.  Bharti Airtel Ltd, Vodafone Idea, and Reliance Jio took part in the auction. Continue reading “Telecom Spectrum Auction 2021: Reliance Jio, Airtel and Vodafone Idea win spectrum as auction raises Rs. 77814 crore for Govt”