Which of the following company became the highest bidder in the 5G spectrum sale?
This questions was previously asked in
RRB Officer Scale-I Mains (1st Oct 2022)
Bharti Airtel
Incorrect AnswerVodafone Idea
Incorrect AnswerAdani Data Networks
Incorrect AnswerReliance Jio
Correct AnswerExplanation:
Here’s a brief explanation of each option:
- Option 1: Bharti Airtel
- Bharti Airtel is a leading telecommunications company in India, and actively participated in the 5G spectrum auction.
- Option 2: Vodafone Idea
- Vodafone Idea has been struggling with financial issues, which impacted its bidding capacity during the auction.
- Option 3: Adani Data Networks
- Adani entered the auction with interest but was not the highest bidder.
- Option 4: Reliance Jio
- Reliance Jio emerged as the highest bidder in the 5G spectrum auction. They have invested heavily in acquiring the spectrum to further enhance their telecom services.
- Option 5: BSNL
- BSNL is a government-owned telecom operator, generally less aggressive in spectrum auctions.
By: Parvesh Mehta ProfileResourcesReport error