The government will receive an upfront amount of around Rs 27,000 crore from the operators — Rs 20,000 crore in FY21 and the remaining Rs 7,000 crore in FY22 when some spectrum would be made available.
Auctions for telecom airways concluded on Tuesday with operators committing to buy a total of 855.60 MHz of spectrum worth Rs 77,814.80 crore. The auctions were completed in the shortest time since the process started in 2010. Read More…
