5G Spectrum Auction Ends With Record Bids Of Over 1.5 Lakh Crore: 10 Points

The provisional figure for the sale proceeds is Rs 1,50,173 crore and the final numbers are being tallied, according to reports. The auction stretched into seven days and ended this afternoon. The mop-up from the 5G spectrum, capable of offering ultra-high speed mobile internet connectivity, is almost double at Rs 77,815 crore worth 4G airwaves sold last year and triple of Rs 50,968.37 crore garnered from a 3G auction in 2010. R...