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5G auctions today: 5G spectrum auction today, Know all details



The auction of the 5G spectrum will start today for the launch of next-generation telecom services in the country. A total of 72 GHz spectrum will be auctioned in this. The government is expected to get around Rs 4.3 lakh crore from this auction. A total of four companies are participating in this auction, including Reliance Jio, Bharti Airtel, Vodafone Idea, and Adani Data Networks Limited of Adani Group. Are included. The government claims that 5G service can start in the country by the end of August.

The first service will start in these cities

5G service in the country will first start in Delhi, Lucknow, Chandigarh, Gurugram, Ahmedabad, Kolkata, Jamnagar, Gandhinagar, Hyderabad, Mumbai, Pune, Bengaluru, and Chennai.

Features of 5G

  • Internet speed of 5G will be 10 times higher than that of 4G
  • 5G network will be 30 times faster than 3G
  • 5G network speed will be up to 10 thousand Mbps
  • 200 Mbps speed is available in existing 4G network
  • The average speed of 5G network will be 200 to 400 Mbps
  • 2 GB movie will be downloaded in 5 seconds in 5G

What is a 5G network?

5G network is the next generation mobile network. It is a new global wireless system that operates primarily in three bands. Telecom services will be better with 5G. It will also transform businesses, bringing the industrial revolution along with consumers.

Currently 5G service available in these countries

Currently available in China, USA, South Korea, UK, Spain, Canada, Australia, Saudi Arabia, Italy, France, Thailand, and Sweden.

Reliance Jio deposited the highest advance amount

Reliance Jio has deposited the highest advance amount to participate in the auction. According to the Department of Telecommunications, Reliance Jio has contributed Rs 14 thousand crores, Bharti Airtel Rs 5,500 crore, Vodafone Idea Rs 2,200 crore, and Adani D.

International Bullion Exchange to be launched on PM 29

Prime Minister Narendra Modi will launch the country’s first international bullion exchange on July 29 at GIFT City in Gujarat. He will also lay the foundation stone for the headquarters building of the International Financial Services Center Authority.

14.93 lakh members associated with ESIC

14.93 lakh new members joined ESIC’s social security scheme in May. In 2021-22, the total number of members increased to 1.49 crores. In the previous year, it was 1.15 crores.

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