Recently it was announced by Reliance Jio that indigenous 5G technology has been developed on its behalf, which has been tested in America with the help of Qualcomm. On the other hand, 5G service of Airtel is also ready.
Tech786: Reliance Jio has bought spectrum for all 22 circles. The value of which is Rs 57123 crore. After this purchase, Reliance Jio will have a total of 1717MHz (uplink + downlink) which is 55 per cent more than before. Also, it can help rollout the 5G service. Recently it was announced by Reliance Jio that indigenous 5G technology has been developed on its behalf, which has been tested in America with the help of Qualcomm. On the other hand, 5G service of Airtel is also ready, whose commercial trial run has already been done in Hyderabad. Airtel has also bid Rs 18,699 crore for RadioWave during the spectrum auction. This will help the company to provide 5G service in the coming days.
Jio’s 5G will be launched this year
Reliance owner Mukesh Ambani has also announced the launch of 5G this year. According to jio, the company’s 5G infrastructure is fully ready. The company is simply awaiting government approval to rollout 5G. A similar claim has been made by Airtel. According to the central government, 5G service will be launched in India at the fastest speed in the world, which will be completely indigenous. Reliance Industries Chairman Mukesh Ambani said that we are ready to further expand digital footprint in India and at the same time prepare ourselves for 5G rollout.
Spectrum auction ended
The first auction of telecom spectrum in India in five years ended on Tuesday with a buyout of Rs 77,814.80 crore of spectrum, with most of the spectrum being bought by Mukesh Ambani’s Reliance Jio. The spectrum prices will be paid by the telecom companies in the next 18 years. Jio has spectrum available for an average of 15.5 years.