scorecardresearchMukesh Ambani’s Reliance Jio Infocomm put in ₹14,000 crore as earnest money for 5G spectrum: Report

Mukesh Ambani’s Reliance Jio Infocomm put in 14,000 crore as earnest money for 5G spectrum: Report

Updated: 19 Jul 2022, 10:58 AM IST
TL;DR.
  • Industry experts said the earnest money by three telecom companies indicated possible spectrum purchases in the 3.5GHz and 26GHz bands for deploying 5G by the three carriers.
Telecom companies have put in money to participate in 5G spectrum bidding. (Representative Image/HT File)

Telecom companies have put in money to participate in 5G spectrum bidding. (Representative Image/HT File)