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Spectrum auction begins in India as Rs 96317 crore worth airwaves go under hammer today
Economy
Published on 24 April 2026
Only 17 percent may sell with uptake at its lowest
India’s 2024 spectrum auction starts today after multiple delays, offering airwaves worth Rs 96,317.65 crore. The government expects roughly Rs 10,000 crore from the sale, but early estimates point to only about 17% of the spectrum value being taken up, potentially the weakest response since 2014. The session could shape 5G rollout economics.
- 2024 spectrum auction kicks off today after postponements
- Airwaves put up for sale are valued at Rs 96,317.65 crore
- Government target is about Rs 10,000 crore from the auction
- Brokerage estimates suggest only ~17% uptake, weakest since 2014
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic