4 bidders for 5G spectrum pay EMD, Reliance Jio highest

The four bidders are Reliance Jio Infocomm, Adani Data Networks Ltd, Vodafone Idea Ltd, and Bharti Airtel Ltd.According to the EMD Telecommunications Department (DOT) paid by others is Adani Data Networks RS 100 Crore, Vodafone Idea RS 2,200 Crore, and Bharti Airtel RS 5,500 Crore.

In the case of the bidders’ net worth, Reliance Jio led the package with RS 197,790 Crore and followed by Bharti Airtel RS 75,886.8 Crore, Adani Data Networks RS 4,979.1 Crore and Vodafone Idea RS (-) 80,918 Crore.

The feasibility points allocated for the bidder are: Reliance Jio – 159,380, Bharti Airtel – 66,330, Vodafone Ideas – 29,370 and Adani Data Networks – 1,650.

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Elara Gill

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