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What Role does the 5g Auction Play in India’s Future_

A spectrum auction worth 1, 50,173 crore was held today in India, marking the first-ever auction for the 5G spectrum in India. Read the article to know more about the 5G auction

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What Role does the 5g Auction Play in India’s Future_

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  1. What Role does the 5g Auction Play in India’s Future? Government and industry authorities reported that the first-ever 5G spectrum auctions in India ended on the seventh day of the sale, with the government earning a record-breaking Rs 1.5 lakh crore. The government has auctioned a 72 GHz spectrum with a 20-year expiration date. The value of the spectrum as a whole, at base pricing, is 4.3 trillion rupees. Final tallying is underway. What is 5g Spectrum? 5G enables much higher mobile broadband speeds and lower latencies, adding a new level of network flexibility. By allowing the Internet of Things (IoT) and reshaping industry vertical sectors, it goes beyond simply satisfying consumer wants.

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