July 28, 2025 12:13 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'I feel sad to support such a govt': Chirag Paswan slams Bihar administration after woman 'gang-raped' in Bodh Gaya | Bihar woman gang-raped in moving ambulance after she fell unconscious during Home Guard Test | Operation Sindoor still on, preparedness level should be high: CDS Anil Chauhan | PM Modi tops list of global leaders with 75 percent approval rating, Donald Trump languishes at 8th place | President Murmu, PM Modi pay tributes to martyrs' on Kargil Vijay Diwas | Jagdeep Dhankar's resignation: Election Commission initiates steps for Vice President elections | Centre bans Ullu, ALTT, other OTT apps over obscene content | Centre bans Ullu, ALTT, other OTT apps over obscene content | Deeply touched by Muizzu's gesture, writes Narendra Modi on X after arriving in Male | Tejashwi Yadav mulls boycotting Bihar polls over SIR, says 'no point in holding elections when people can't vote'
5G Auction

DoT gets Rs 17,876 crore from telecom firms as upfront payment for 5G spectrum rights

| @indiablooms | Aug 20, 2022, at 05:16 pm

The Department of Telecom (DoT) has received payment of around Rs 17,876 crore from four telecom companies -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea -- for the 5G spectrum rights they won in a recent auction, media reports said.

All telecom operators have availed the option to pay in 20 annual installments, Bharti Airtel has paid Rs 8,312.4 crore equivalent to four annual installment, according to a report in the media.

Reliance Jio has made payment of Rs 7,864.78 crore, Vodafone Idea Rs 1,679.98 crore and Adani Data Networks Rs 18.94 crore, it added.

"DoT has received a total payment of around Rs 17,876 crore. Only Bharti Airtel has paid for four annual installments at one go," an official source said, said the media report.

The 5G spectrum auction was country's biggest-ever auction of telecom spectrum and received a record Rs 1.5 lakh crore worth of bids, with Mukesh Ambani's Jio bidding and acquiring nearly half of all the airwaves sold with Rs 87,946.93 crore.

Gautam Adani's Adani Data Networks has placed bids worth Rs 211.86 crore for 400 MHz in a band that is not used for offering public telephony services.

Sunil Bharti Mittal's Bharti Airtel made a successful bid of Rs 43,039.63 crore, while Vodafone Idea Ltd bought spectrum for Rs 18,786.25 crore.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu