5G Launch: Good news for those waiting for 5G service

The auction process for 5G spectrum in the country has been completed. Telecom companies are gearing up to launch 5G services soon. Communication and IT Minister Ashwini Vaishnav released a new update in this regard. 5G Launch: Good news for those waiting for 5G service

5G service to start soon: Good news for those who are waiting for 5G service. The auction process for 5G spectrum in the country has been completed. Telecom companies are gearing up to launch 5G services soon. In this regard, Communications and IT Minister Ashwini Vaishnav issued a new update asking telecom providers to start preparations for the 5G launch. Not only that, spectrum assignment letters have been given to telecom companies in this regard, he said on his Twitter handle.

It has already indicated to launch 5G. 8,312.4 crores to Airtel EMD for this. Invested. This money has been given by Airtel as an advance payment in installments of four years. At the same time, Reliance Jio (RJio) Rs 7864 crore, Vodafone Idea Rs 1679 crore and Adani Data Networks (Adani Data) Rs 18 crore. Paid the money.

Airtel bid for 43 thousand crores:

Airtel has tied up with Ericsson, Nokia and Samsung to provide 5G. The company recently announced that the 5G service will be launched in August itself. Veteran telecom tycoon Sunil Bharti Mittal’s Bharti Airtel made a successful bid of Rs 43,039.63 crore for 5G spectrum.

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How much does the project cost?

No information has been revealed by Vodafone Idea regarding the launch date of 5G service. However, the company said that customers will have to pay a premium price for 5G service. This is because the company has spent a lot of money in the spectrum auction. With the introduction of 5G spectrum-based service, the speed will be 10 times faster than 4G, says the Department of Telecom.