The Government of India had provided 10 bands of India’s 5G spectrum. But, not all bands or airwaves were bid on. Like the 600Mhz and 2300Mhz bands did not receive any bids. The auction was organised for spectrum in numerous low-frequency bands such as 600MHz, 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300Mhz, one mid-frequency band of 3300MHz and one high-frequency band of 26GHz.
The 3300MHz and the 26GHz frequency bands received the highest number of bids. While the 700MHz frequency band got second highest bids. About 71 per cent of the spectrum was sold.In the auction held, Reliance Jio came across as the highest bidder, seizing airwaves across the 700MHz, 800MHz, 1800MHz, 3300MHZ, and 26GHz bands. Over Rs 88,078 crore was spent by Reliance Jio for these bands.
Bharti Airtel was next up in the list, they acquired about 19.867GHz worth of airwaves, across the 900MHz, 1800MHz, 2100MHz, 3300MHz, and 26GHz bands, costing about Rs 43,084 crore.At the third position stood Vodafone Idea, acquiring about 6.228GHz of frequencies, across 1800MHz, 2100MHz, 2500MHz, 3300MHz. Then followed the Adani Group, they bid 26GHz for assembling a private telecom network which they would be using within their own organisation.