The current auction does not include frequencies in 3,300-3,600 Mhz bands that were identified for 5G services, which will happen later. Reliance Jio, Bharti Airtel and Vodafone Idea had submitted a total earnest money deposit (EMD) of Rs 13,475 crore for the spectrum auctions. Spectrum will be offered for assignment for a validity period of 20 years.
– Stocks-Markets-Economic Times
