India is in the final stage of rolling out high-speed 5G telecom services

The Union Cabinet chaired by Prime Minister Narendra Modi had recently approved the Department of Telecommunications (DoT)'s 5G spectrum auction through which spectrum will be assigned to bidders to provide 5G services to the public as well as enterprises. And now India is in the final stage of rolling out high-speed 5G telecom services.

5G is the fifth-generation mobile network capable of transmitting a large set of data at a very rapid speed. In comparison to 3G and 4G, 5G has a very low latency which will enhance user experiences in various sectors. The 5G rollout is also expected to bring more development in remote data monitoring in sectors such as mining, warehousing, telemedicine, and manufacturing, among others. 5G services are expected to be about 10 times faster than 4G.

Reliance Jio, Adani group, Bharti Airtel, and Vodafone Idea are the four major participants in the spectrum auction.

Department of Telecom received total bids worth Rs 1.45 lakh crore on the first day of the auction. Revenue from the auctions was initially estimated to be Rs 80,000-90,000 crore.

Allocation of spectrums to the telecom operators is expected before August 15, and initial 5G services in the country will start by September-October. High-speed 5G telecom services are expected to be offered in several cities in the county by the end of the year 2022, as reported by ANI, a partner of TV BRICS.

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