The much talked about mega 5G spectrum auction with bids worth Rs 1,50,173 crore for 71 per cent of total 5G airwaves came to an end.

Mukesh Ambani-led Reliance Jio emerged as the top bidder in India's 5G spectrum auction, acquiring 24,740 MHz spectrum worth Rs 88,078 crore.

Sunil Mittal's Bharti Airtel was the second-highest bidder with 19,867 MHz spectrum in various bands worth Rs 43,084 crore.

Vodafone Idea, at third place, received 2,668 MHz worth Rs 18,784 crore while a unit of Adani Group acquired 400 MHz spectrum in 26 GHz band worth Rs 212 crore.

Overall, the country saw bids worth Rs 1,50,173 crore for 71 per cent of total 5G airwaves spectrum in this latest auction.

Reliance Jio took the more expensive 700MHz in all 22 circles. The band has a range from 5-10 km which gives good base coverage.

Airtel acquired 19,867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100MHz, 3300 MHz and 26 GHz frequency bands for Rs 43,084 crore.