Reliance Jio becomes the biggest buyer in spectrum auctions bidding at Rs 57,112 crore
The auction with six rounds concluded at 12.45 pm on Tuesday
This was India’s first 4G spectrum auction in more than four years
There were three bidders – Reliance Jio, Bharti Airtel and Vodafone Idea
The value of the overall bidding amounted to Rs 77,184 crore
Bharti Airtel picked up radio waves worth ₹18,699 crores in the auction
Govt expects to earn up to Rs 20,000 crore in FY21 through the auction
