5G spectrum auction concludes: 71% sold, Jio leads the show

  • The auction for 5G spectrum has concluded, with 71 percent of the total spectrum on offer being sold, Union Telecom Minister Ashwini Vaishnaw said on August 1.
  • Reliance Jio, the telecom arm of Reliance Industries Ltd, is the largest acquirer of 5G spectrum, worth over Rs 88,000 crore.