Monday, August 1, 2022

India generates ~$19B from auctioning airwaves, including for 5G; Reliance Jio spent $11B+ on 24,740 megahertz, followed by Bharti Airtel and Vodafone (Bloomberg)

Bloomberg:
India generates ~$19B from auctioning airwaves, including for 5G; Reliance Jio spent $11B+ on 24,740 megahertz, followed by Bharti Airtel and Vodafone  —  India auctioned airwaves worth $19 billion, where billionaire Mukesh Ambani-led Reliance Jio Infocomm Ltd. emerged the top buyer spending …



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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

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