The company has also acquired a 5G spectrum in mid-band (3300 megahertz) and millimetre wave in the 26 GHz band in July 2022 spectrum auction.
Vodafone Idea also informed the exchanges that it has written to the Department of Telecom, proposing to pay spectrum auction instalment of Rs 1,680 crore, which is due on August 17, by availing a 30-day grace period.
Reliance Jio Infocomm said in accordance with the provisions of the spectrum agreement, it has accomplished its minimum roll-out responsibilities in each of the 22 Licenced Service Areas, across each of the spectrum bands, ahead of schedule.
India mobile revenue growth is expected to be led by an improving mix with higher 4G and post-paid subscribers
Bharti Airtel, which is the closest competitor to Jio, recorded a net addition of 13.4 lakh subscribers in May, whereas, the state-run BSNL lost 14.8 lakh users.
TRAI has drawn up a risk-based regulatory framework to be implemented in view of the “impact of AI in all sectors” and suggested that an “Artificial Intelligence and Data Authority” (AIDAI), to oversee the same, be set up immediately.
”DoT will send reference to Trai in a couple of days for auction of 37 GHz band and radio waves of telecom licenses that are due for renewal in 2024,” the source told PTI on condition of anonymity.