5 points on process, players

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5G auction: Reliance Jio paid the highest pre-auction deposit.

The central government will on Tuesday launch the largest airwave spectrum auction capable of offering fifth-generation or 5G telecommunications for super-high-speed internet, which will pave the way for services 10 times faster. Four candidates will participate in the auction race.

Here are 5 points about the auction process:

  1. The government will put on the block up to 72 GHz of the spectrum at the auction. India’s largest telecom operator, Reliance-owned Jio, Sunil Bharti Mittal’s Airtel, Vodafone-Idea and Adani Data will participate in the auction race.

  2. The four giant companies have submitted a combined core of Rs 21,400 in earnest money deposit (EMD). Jio submitted Rs 14,000 crore, Bharti Airtel submitted Rs 5,500 crore and Adani Data Networks Rs 100 crore. Vodafone Idea submitted an EMD of Rs 2,200 crore.

  3. EMD amounts give a broad indication of the players’ appetite, strategy and plan for picking up spectrum in an auction. It also determines the eligibility points through which telecom operators target a specific amount of spectrum within a given circle.

  4. The auction will focus on radio waves in various frequency bands low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), medium (3300 megahertz) and high frequency (26 GHz) .

  5. Adani Data’s entry earlier this month surprised market watchers, but the company has refuted reports of a foray into the consumer space and any clash with Jio. The company said the airwaves it seeks are intended to set up a private network to help digitize its business, from airports to energy to data centers.

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