26th July, 2022 can be a big day for Indian telecom. Well great golden days of Indian telecom is long gone. Presently only three private telcos and one govt. backed telco (BSNL & MTNL merger is unofficially done) are existing. But with the introduction of 5G, the telecom boom may reappear in the industry despite more debts will put on the carriers.
The auction for 5G spectrum will start in few hours. Despite government brings huge platter of 72000 MHz of airwaves across 9 bands (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 3.3 GHz, and 26 GHz), there are only four bidders - Jio, Airtel, Vi and Adani Data Networks.
