Ambani and Adani: Asia’s richest people fight for 5G dominance in India

While R-Jio became the largest bidder with an $11 billion spectrum purchase, the Adani group only spent about $26 million. Ashwini Vaishnav, India’s Telecommunications Minister, said that 71% of all 72GHz spectrum on offer has been sold accordingly. While both Bharti Airtel and R-Jio are said to be claiming all-India airwaves, Vodafone Idea has only spent on priority sectors due to lack of money.