Wed. Aug 17th, 2022
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DISCLAIMER: This is a compilation of tweets being shared by netizens around the world. Times of India neither condones nor endorses any of the views shared in this article here.
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.

Meanwhile, others..

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