Jio, Airtel, Vodafone Idea to participate in Rs 96,317 cr spectrum auction

Telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea have submitted their application to bid for Rs 96,317-crore spectrum auction, which is scheduled to start from June 6, according to sources.

The last auction held in 2022 had the Adani Group firm as a surprise bidder but there is no new name for the upcoming auction.

“Reliance Jio, Bharti Airtel, and Vodafone Idea have submitted applications for spectrum auction,” an official source said.