Govt received bids worth Rs1.49 lakh crore in spectrum sale, auction may continue till Thursday: Ashwini Vaishnaw

The government has raised Rs1,49,454 crore from the auction of 5G spectrum at the end of day two, and the sale will continue on Thursday, with telecom minister Ashwini Vaishnav.

“700 MHz has seen good response, It has been sold this time. Good response in other low and mid bands as well,” Vaishnaw told reporters on Wednesday, which saw another five rounds of the auction, taking the total rounds to nine.