According to a press release by the Ministry of Communications, the auction, held over two days from June 25 to June 26, resulted in the sale of 141.4 MHz of spectrum across multiple frequency bands, generating a total revenue of Rs 11,340 crores. The auction aimed to address the expiring spectrum licences set for renewal in 2024 and to sell off unsold spectrum from the previous auction held in 2022.
This story is from the June 28, 2024 edition of The Business Guardian.
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This story is from the June 28, 2024 edition of The Business Guardian.
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