Mukesh Ambani's Jio swept up the lion's share, as the market leader bid Rs 881 billion for more than a third of the available spectrum, while rival Bharti Airtel, led by Sunil Mittal, bid Rs 431 billion for just over a quarter of the spectrum
Asia's richest men made multi-billion-dollar bets on the future of Indian telecommunications in the country's 5G auction Monday, but nearly 30 percent of the available spectrum went unsold.