5G spectrum auction enters Day two; Jio may be lead bidder

NEW DELHI: With better than expected Rs 1.45 lakh crore bids coming in on the first day, the auction of the 5G spectrum entered the second day on Wednesday with the opening of the fifth round.

Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea is participating in the e-auction to buy fifth-generation (5G) airwaves.