Bharti Airtel has made bids worth Rs 43,084 crore in the 5G spectrum auction . (PTI Photo)
NEW DELHI: Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia and Samsung.
At the recently held much-awaited spectrum auction for 5G services by the Department of Telecom, Airtel bid for and acquired 19867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz frequencies.
"We are delighted to announce that Airtel will commence roll out of 5G services in August. Our network agreements are finalized and Airtel will work with the best technology partners from across the world to deliver the full benefits of 5G connectivity to our consumers," said Gopal Vittal, MD and CEO, of Airtel.
"India's transition into a digital economy will be led by telecom and 5G presents a game-changing opportunity to drive the digital transformation of industries, enterprises and the socio-economic development of India."
Bharti Airtel has made bids worth Rs 43,084 crore in the 5G spectrum auction that concluded on Monday.
Bharti Airtel is the second biggest bidder amongst the four participants. Reliance Jio was the biggest bidder accounting for 58.65 per cent of the total valued at Rs 150,173 crore.
Reliance Jio, Adani group, Bharti Airtel, and Vodafone Idea are the four major participants in the spectrum auction.
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. Low latency describes the efficiency to process a very high volume of data messages with a minimal delay. 5G services are expected to be about 10 times faster than 4G.
The 5G rollout in India is also expected to bring more development in remote data monitoring in sectors such as mining, warehousing, telemedicine, and manufacturing, among others.
Allocation of spectrums to the telecom operators is expected before August 15, and the initial 5G services in the country will start subsequently in several Indian cities.