India sees 5G spectrum bids worth Rs 1,49,855 cr

New Delhi, July 29: The 5G spectrum auction saw bids worth Rs 1,49,855 crore after 23 rounds on Friday, with the government saying the bids will continue on Saturday.

The bids for 5G airwaves are being led by Reliance Jio, followed by Bharti Airtel, Vodafone-Idea and a Gautam Adani company.

According to Union IT Minister Ashwini Vaishnaw, the cumulative bid on Day 3 (Thursday) had reached Rs 1,49,623 crore.