BIG GIANTS 5G GAME PLAN
BIG GIANTS GAME PLAN TO BUY 5G SPECTRUM
The 5G stand for 5th generation of wireless network technology and also itโs the new solution for replacing 4G as the predominant network in telecommunication companies and mobile phone manufacturers.
From the last 6months majority of the news running behand the telecommunication industry, which the reason because of the 5G spectrum auction going to be happen in India on 26th July of this month.
As our thought and majority of the expert says that, Jio is going to bid 5G spectrum for the higher value & covers the majority of the areas against to the & compete with its rivals Bharati Airtel & Vodafone Idia (Vi). Yesโฆ. as the data published by DoT (Department of Technology) on 18th July, the list of pre-qualified and interested bidders with the respective Earnest Money Deposit (EMD).
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| Source:- The Economic Times |
By this EMD which indication about the big game plan of big giants namely Jio India, Bharati Airtel, Vodafone India (Vi) & now new entry by the Adani Group strategy in buying 5G spectrum to dominate the telecommunication for next 10years.
A day only left to 5G auction now. Lets watch who going to buy high 5G spectrum.
Key take away:
โข Adani Group planning to take dominant position in telecom industry with the help of 5G Auction platform.
โข Adani entry to telecom cost(effect) more to the present less dominant telecom companies Bharathi Airtel, Vodafone Idia & also to the Jio India lightly.
โข High competition may not upset the India customers pocket and itโs helps us to avail the 5G network with less-higher the price than the present 4G network price.
Glossary:
โข Spectrum & allocation- It's a frequency of providing network services & itโs the allocation/dividing the rights of using frequency in different place among various competing organisation.
โข EMD- Earnest Money Deposit, itโs the amount that the buyer (i.e. Jio, Airtel, Vi) gives to the seller (DoT, network services provider) to show their interest in successfully completion of a deal.
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