Bids Worth Rs 1.5 Lakh Crore Made, 71% Of Airwaves Sold; Reliance Jio Biggest Buyer


Reliance Jio Infocomm is fully ready for 5G rollout “in the shortest period of time”, it said in a statement.

The company has nationwide fibre presence, all-IP network with no legacy infrastructure, indigenous 5G stack and strong global partnerships across the technology ecosystem that will enable it to do so, the statement said.

According to Vodafone Idea, the acquisition of mid-band 5G spectrum (3,300 MHz band) in 17 priority circles and Millimeter Wave 5G spectrum (26 GHz band) in 16 circles will enable it to offer a “superior 5G experience” to its customers.

“The additional 4G spectrum acquisition in three circles of Andhra Pradesh, Karnataka and Punjab will further improve the customer experience; an area where we have been consistently leading the league tables, as per various third party reports over the last several quarters,” it said in a company statement.

Bharti Airtel’s acquisition of spectrum for 20 years will mean that the company does not need to spend any material sum on spectrum for many years to come, it said in a statement.

“In addition, this spectrum acquisition has enabled Airtel to drastically reduce the payout towards spectrum usage charge and eliminate the adverse SUC arbitrage compared to new entrants.”

The Sunil Bharti Mittal-led company will launch 5G services in “every part of the country starting with key cities”, it said.


Source link

What is your reaction?

In Love
Not Sure

You may also like

Comments are closed.

More in:Business