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5G: Govt plans Rs 6 lakh crore spectrum auction

The Modi govt is planning the largest-ever auction of telecom spectrum - at an estimated value of Rs 6 lakh cr- that will enable introduction of affordable 5G services, including fibre-to-the-home (FTTH) internet in rural areas. The plan was cleared by the Digital Communications Commission and will see the government auction nearly 8,600MHz of mobile airwaves, most likely before the end of this year.

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