Disconnected pricing

Auction shows 5G spectrum prices were too high

The closure of the much-awaited 5G spectrum auction marks an important technological leap for India. With this, the country is set to join the likes of the US, China, South Korea, the Philippines, Canada, the UK, and some others, which are already on the 5G map. This suggests that before the year ends, at least some big cities in India will experience mobile internet at 10 times the speed of 4G services. The 5G spectrum auction process has generated revenues of more than Rs 1.5 trillion, which is the highest so far in the eight auctions conducted since 2010. However,