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NewsBytes Profile picture
@NewsBytesApp
Aug 2, 2022 • 7 tweets • 3 min read • Read on X
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India's first 5G spectrum auction came to an end on Monday after 40 rounds of intense bidding. Reliance Jio emerged as the top bidder with bids worth Rs. 88,078 crore, followed by Bharti Airtel, Vodafone Idea, and Adani Data Networks. #5GSpectrumAuction
newsbytesapp.com/news/business/… Image
The 5G auction continued for a week due to intense bidding for the 1,800MHz spectrum in the UP (East) circle. The Centre managed to earn its highest ever revenue from spectrum auctions because of the costly 700MHz band. Image
Suitable for data networks and coverage in high-density areas, it garnered the second highest amount of total bids, at a value of Rs. 39,720 crore. Image
The spectrum sale generated revenue worth Rs. 1,50,173 crore. This is much higher than the Rs. 80,000-1 lakh crore figure expected by stakeholders including investors, according to Telecom Minister #AshwiniVaishnaw. Image
Jio bought 24.7GHz of 5G airwaves for Rs. 88,078cr. These include frequencies in the costly 700MHz band, in addition to 800MHz, 1,800MHz, 3,300MHz & 26GHz. The company won 10MHz of the 1,800MHz band in UP (East) circle, by paying Rs. 1,646cr after an intense fight with Airtel. Image
Bharti Airtel paid Rs. 43,084 crore to purchase 19.8GHz of spectrum in frequencies like 900MHz, 1,800MHz, 2,100MHz, 3,300MHz, and 26GHz. Vodafone Idea spent Rs. 18,799 crore on 6,228MHz of airwaves in the 1,800MHz, 2.100MHz, 2,500MHz, 3,300MHz and 26GHz frequencies. Image
In India, the government put up the 5G spectrum for auction in several frequency bands. They include the low (600MHz, 700MHz, 800MHz, 900MHz, 1,800MHz, 2,100MHz, 2,300MHz, and 2,500MHz), mid (3,300MHz), and high (26GHz). Image

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More from @NewsBytesApp

NewsBytes Profile picture
Nov 14, 2022
Google announced the Doodle for Google 2022 competition winners, flagging off Children's Day celebrations in India. Shlok Mukherjee from Kolkata has been declared the winner out of 115,000 entries from over 100 cities by participants between Grades 1-10.
newsbytesapp.com/news/lifestyle…
Mukherjee wrote, "In the next 25 years, India will have scientists develop their own eco-friendly robot for humanity's betterment. India will have.. intergalactic travels from Earth to space. India will develop more in the field of yoga & Ayurveda..."
"We were especially heartened that the advancement of technology and sustainability emerge as common themes across many of the Doodles," Google said. For the theme "In the next 25 years, my India will...," Google's team of judges finalized 20 doodles.
Read 5 tweets
NewsBytes Profile picture
Nov 14, 2022
FTX and its talismanic leader Sam Bankman-Fried have fallen from the upper rungs of the crypto universe. Of course, his inner circle is under investigation. Among them is Nishad Singh, an Indian-origin engineer who was also his housemate. Today's story is about him. #SBF_FTX 1/6
Singh joined FTX as its Director of Engineering in 2019. Prior to that, he was part of its sister organization Alameda Research, which is at the center of the current controversy. He had joined Alameda in 2017. More on the controversy later. 2/6
Singh’s resume is top notch. He studied at Crystal Springs Uplands School, a top private school in California. He graduated from the University of California, Berkley, with a bachelor's degree in electrical engineering and computer science. He had also worked as at Facebook. 3/6
Read 6 tweets
NewsBytes Profile picture
Oct 26, 2022
As Rishi Sunak emerged victorious in the race to become United Kingdom's prime minister—the third in two months—on Monday, over 7,000 kilometers away, Indians were celebrating that he has proved "Winston Churchill" wrong. Read on for the complete story.
newsbytesapp.com/news/world/ris…
In light of Indian-origin Sunak's appointment as the UK PM, Indians are celebrating that Indian-origin people have proved their mettle to show Churchill was wrong. Post-independence, India has been swiftly growing & is the world's biggest democracy & a major trade destination.
As Indians were celebrating the takeover by an Indian-origin man as the premier of the UK—accused of looting India during its rule—Indian billionaire businessman Anand Mahindra found a unique way to be part of the celebrations.
Read 7 tweets
NewsBytes Profile picture
Oct 25, 2022
Have you wondered about the veracity of stories regarding unidentified flying saucers? We may soon get an answer. NASA has established a first-of-its-kind panel to study unidentified aerial phenomena (UAP) or unidentified flying objects (UFOs).
newsbytesapp.com/news/science/n…
A group of 16 scientists will spend the next nine months looking into events involving bizarre flying objects or unnatural phenomena. Over the course of this period, NASA's new panel will study about UAPs & lay the foundation for future studies on them by NASA & other agencies.
The team will analyze data gathered from various sources. This data will be analyzed to see if they shed any light on UAPs or not.
Read 7 tweets
NewsBytes Profile picture
Oct 25, 2022
Rishi Sunak scripted history on Monday after winning the race to lead the Conservative Party & became the PM of the United Kingdom. The attention is now on his wife—Akshata Murty too, as they move into 10 Downing Street. Here's more about her.
newsbytesapp.com/news/world/abo… Image
Sunak was on Tuesday officially appointed as the 57th UK PM by King Charles III. The former British finance minister, who is of Indian origin, is also the first-ever Hindu prime minister of the UK. Image
Born to Indian billionaire and Infosys co-founder Narayana Murthy and author-turned-philanthropist Sudha Murthy in 1980 in Karnataka's Hubli, Akshata Murty had a modest upbringing. She initially lived with her grandparents as her parents built their careers in Mumbai. Image
Read 8 tweets
NewsBytes Profile picture
Oct 25, 2022
India recorded its lowest number of daily COVID-19 cases in 196 days, or more than 6 months, with a three-digit tally of 862 on Tuesday. The total number of active cases has also dropped below 23,000 as per data from Union Health & Family Welfare Ministry.
newsbytesapp.com/news/india/cov…
Nearly 65L people died worldwide as a result of several waves of COVID-19, which were initially recorded in November 2019 & quickly put everything on halt. Some studies claim 94L more people (compared to the reported global total) died between January 2020 & December 2021.
Total number of confirmed cases in India so far stands at 4,46,44,938, while number of deaths reported in the country on Tuesday climbed to 5,28,980 since the beginning of the pandemic. The recovery rate currently is 98.76%, with 4,40,93,409 patients having recuperated so far.
Read 5 tweets

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