DoT receives Rs 10 billion as first instalment for 5G spectrum auction payout from telcos

The Department of Telecommunications (DoT) has garnered over Rs 10 billion from all the three private telecom operators including Bharti Airtel, Vodafone Idea Limited (Vi) and Reliance Jio, who paid their first instalment for the airwaves bought in the recent 5G spectrum auction.

Airtel, Vi and Jio have paid Rs 5.95 billion, Rs 3.15 billion and Rs 957.2 million respectively.

Airtel and Vi had previously paid Rs 850 million and Rs 300 million respectively for interim spectrum usage, which was adjusted in the first instalment.