Thursday, November 21, 2024
Advertisement
  1. You Are At:
  2. News
  3. Technology
  4. India earns Rs 11,340 crore from auction of 141.4 MHz spectrum: Government reports

India earns Rs 11,340 crore from auction of 141.4 MHz spectrum: Government reports

The Indian government announced that it has successfully garnered Rs 11,340 crore from the auction of 141.4 MHz of spectrum. This year's auction saw active participation across various frequency bands, including the 900 MHz, 1800 MHz, 2100 MHz, and 2500 MHz bands.

Edited By: Saumya Nigam @snigam04 New Delhi Updated on: June 27, 2024 7:40 IST
Indian government, Rs 11340 crore, 141.4 MHz spectrum auction
Image Source : FILE Indian Government bags Rs 11,340 crore from latest 141.4 MHz spectrum auction

The government has reportedly stated that they received Rs 11,340 crore through the auction of a total quantum of 141.4 MHz spectrum. This year (2024), the auction has seen activity in 900MHz, 1800MHz, 2100MHz and 2500 MHz bands.

Bharti Airtel spent around Rs 6,856.76 crore to buy spectrum in 900 MHz, 1800 MHz and 2100 MHz bands, followed by Vodafone Idea at Rs 3,510.40 crore and Reliance Jio Infocomm at Rs 973.62 crore- being the least to spend.

Bharti Airtel and Vodafone Idea successfully renewed their expired spectrum in 900 MHz and 1800 MHz bands and further, an additional quantum of 87.2 MHz worth Rs 6164.88 cr has been acquired by TSPs to augment their services

The unsold spectrum will again be put to auction next time, said the ministry.

The expiring spectrum in 2024 and the unsold spectrum of the previous Spectrum Auction held in 2022 were put to auction this year to meet the spectrum requirement of Telecom Service Providers (TSPs) to ensure continuity and growth of the services.

The spectrum demand concentrated on 900 MHz and 1,800 MHz bands in the Rs 96,000 crore worth auction put up by the government.

ALSO READ: How to hide your WhatsApp display picture from unknown callers?

WhatsApp is boasting a user base of approximately 2.4 billion globally, which is enhancing consistently for improvement, user engagement and security. In its latest move to bolster privacy, WhatsApp is rolling out a new feature that lets users manually hide their profile pictures from strangers. This update aims to provide an additional layer of protection, ensuring that only trusted contacts can view your profile photo. This change is part of WhatsApp's ongoing commitment to safeguarding users' personal information and enhancing their overall experience on the platform.

ALSO READ: Chinese can no longer access OpenAI services: Here's why

Chinese artificial intelligence companies are swiftly moving to attract users of OpenAI’s technology. This shift follows reports that OpenAI, the developer behind the renowned ChatGPT, intends to limit access to its application programming interface (API) in China and other selected countries. The API, a crucial tool for developers, allows the integration of OpenAI's advanced AI models into their products. According to a report by the Chinese state-owned newspaper Securities Times on Tuesday, OpenAI plans to block entities in China and certain other nations from utilizing its technology for creating AI products. This development has prompted Chinese AI firms to vie for OpenAI’s user base, aiming to fill the gap created by these impending restrictions.

Inputs from IANS

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Technology

Advertisement
Advertisement
Advertisement
Advertisement