5G spectrum bidding may not be aggressive, analysts say
Analysts have said that as there is sufficient telecom spectrum available for the 5G network, the bidding is unlikely to be aggressive. The bidders for the spectrum are Reliance Jio Infocomm, Adani Data Networks Ltd, Vodafone Idea Ltd, and Bharti Airtel Ltd. They have paid their earnest money deposit (EMD) with Reliance Jio Infocomm Ltd at Rs 14,000 crore paying the highest amount.