Reliance Jio, led by India’s richest man Mukesh Ambani, has deposited the highest earnest money of Rs 3,000 crore for the 5G spectrum auction, indicating their ambitious plans to expand their high-speed internet network across the country, including rural areas. The auction, which began on Tuesday, involves the sale of airwaves worth Rs 96,317.65 crore for over 10,500 Mhz mobile services, attracting bids from major telecom operators like Jio, Airtel, and Vodafone Idea.