Ahead of the spectrum auction, which is scheduled to commence on June 6th, the Department of Telecom (DoT) has released the amount of earnest money deposit (EMD) bank guarantee by the applicants, Reliance Jio, Airtel and Vodafone Idea (Vi) that have submitted their applications earlier this month. Continue reading “Jio deposits Rs. 3,000 crore earnest money ahead of spectrum auction”