India’s first auction of 5G spectrum, that powers ultra-high data speeds, is currently underway with a total of 72 GHz (gigahertz) of radiowaves worth at least Rs 4.3 lakh crore up for bidding.
Billionaire Mukesh Ambani‘s Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani’s flagship Adani Enterprises are in the race to bid for 5G spectrum, that offers speeds about 10 times faster than 4G, lag-free connectivity, and can enable billions of connected devices to share data in real-time.
Reliance Jio, Airtel, Vodafone Idea, and newcomer Adani Data Networks will look to buy airwaves that would see the highspeed networks being rolled out over 6-12 months.
Ambani’s Jio is surely the biggest buyer with an earnest money deposit (EMD) of Rs 14,000 crore. While Adani Group has ruled out an immediate entry into the consumer mobility space and has EMD commitment of only Rs 100 crore.
Amidst all this netizens are trolling Bharat Sanchar Nigam Limited (BSNL), a government owned telecommunications service provider, which is yet to launch 4G services in India.
Bsnl watching #5GAuction be like: https://t.co/NmQkPctV1W
— Shruti (@kadak_chai_) 1658814968000
#5GAuctionWhen you wanted to participate in #5GAuction but you realise you are BSNL : https://t.co/zTPFjvW9FC
— JR (@Honecastic) 1658812739000
Adani group, Bharti Airtel, Reliance Jio, Vodafone-Idea taking part in 5G Auction #5GAuctionMeanwhile BSNL: https://t.co/Xy4V3LeQhU
— Ex Bhakt ➐ (@exbhakt_) 1658811890000
#5G #5Gspectrum #MukeshAmbani #GautamAdani #5GauctionMeanwhile situation of #BSNL : https://t.co/JBrcj0uqBY
— Akshay Batra (@AkshayBatra2608) 1658816039000
#5GAuction#5GSpectrum In BSNL office right now:- https://t.co/fmpLtdjCZK
— Bhavya (@iconic232001) 1658823207000
Meanwhile BSNL be like:#5GAuction https://t.co/Pln6UyCYmW
— Andy (@iamandy1987) 1658823103000
BSNL to other telecom companies.#5GAuction #5GSpectrum https://t.co/yvfqUOCqpU
— Satyam Singh (@MyFreakyTweets) 1658835887000
#5G #5Gspectrum #MukeshAmbani #GautamAdani #5GauctionMeanwhile #BSNL trying to fix 2g: https://t.co/lLDzgBPBpj
— Akshay Batra (@AkshayBatra2608) 1658816068000
BSNL will rollout 4G services in India next year.
— Abhishek Yadav (@yabhishekhd) 1658507320000
#5GAuction starts in #India Meanwhile BSNL Be like:- https://t.co/SqzXMVhH9e
— Sanjana Mohan (@SanjanaMohan10) 1658814749000
Situation of BSNL right now:#5GSpectrum #5GAuction https://t.co/jm9Q4i6Lzz
— Yogi Says (@imyogi_26) 1658844236000
Hum first hum first #5G #5GAuction #5GSpectrum https://t.co/hFWVpV45uS
— Arpit Bong (@ArpitBong) 1658817086000
#5GAuction in India begins from Today..Indians be like:- https://t.co/JDWeF8QkFK
— देशहित सर्वोपरि (@Mindblower81) 1658811150000