Ambani’s Jio shines in 5G auction, big windfall for govt!

India’s largest spectrum auction concluded on Monday. In this seven-day auction, Rs. A record sale of over 1.5 lakh crore worth of 5G telecom spectrum has taken place. Billionaire businessman Mukesh Ambani’s company Jio (Jio) was the highest bidder in this auction, with a total bid of Rs 1,50,173 crore reported. Double the revenue in …

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