Fri. Dec 9th, 2022

Representative image. wikimedia commons

The Union Cabinet approved the auction on June 15, allowing non-telecommunications service providers to bid for spectrum to install 5G networks. Bidders included India’s top three mobile operators: Reliance Jio, the market leader, Bharti Airtel and Vodafone Idea. The fourth contender is Indian billionaire Gautam Adani, whose interests so far have been mainly in infrastructure.

Firstpost is part of the Network18 group. Network18 is controlled by the Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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