Is Jio putting the biggest earnest deposit in the 5G auctions?
Answer
Answer
That is correct. Jio is put earnest money deposit of Rs14,000 crore followed by Bharti Airtel with EMD of Rs5,500 crore. Vodafone Idea with EMD of Rs2,200 crore and Adani Networks Rs100 crore are much smaller in size. A total of 72 GHz (gigahertz) of spectrum worth Rs4.30 trillion will be put on the block during the auction.