Explained: Why telecom companies are eying the 5G band of 3.5K-3.6K MHz

Telcos say that currently the eco system for equipment in this band (between 3600-3630 MHz) is not available globally and it will take at least three to four quarters for its commercial deployment

Telecom companies are preparing to grab the position of the top rank bidder in each local service area in the upcoming auctions in order to be assigned the best unencumbered spectrum in the 3.5 GHz 5G band which will give them a substantial advantage over their rivals.  

The top rank is decided by a complex process which is essentially based on the role a telco plays in pushing up the bid price in each clock round.

So, in simple terms, if a telco ups the price, for example, from an earlier round from Rs 250 to Rs 270 and others