21 - Jul - 2022

4 companies are set to participate in the 5G spectrum auctioning.

It has become clear now that, 4 companies are going to participate in the forthcoming 5G spectrum auctioning. These companies are Jio, Airtel, Vodafone Idea and Adani Group. These companies have made payment of the EMD (Earnest Money Deposit) for participating in the auctioning. Jio has paid the highest EMD of Rs.14,000 crore, while Airtel has paid Rs.5,500 crore. Vodafone Idea has paid Rs.2,200 crore while the new entrant, Adani Group, has paid Rs.100 crore.