The payment for spectrum can be made annually through 20 equal instalments (to be paid in the beginning of each year), keeping in mind telcos' cash flow issues
The telecom industry is expected to shell out around Rs 1-1.1 trillion on the 5G auction, despite telcos' reservations over high spectrum prices, Icra said
The much-awaited 5G spectrum auction will bring significant advancements for the industry and consumers, market watchers said, while some felt that the base price for spectrum remains an issue for bid
The Department of Telecom is likely to move the 5G spectrum auction proposal to the Union Cabinet for final approval next week, an official source said on Tuesday.
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The government has taken a slew of measures to revive telecom PSUs BSNL and MTNL
The telecom revenue collection is expected to be higher than the budget estimates of Rs 53,986.72 crore for the current financial year at Rs 71,959.24 crore
According to the DoT, 5G is expected to deliver download speed 10 times faster than 4G services
Industry arguments over allocations and auctions for satellite airwaves have ended up delaying the launch of 5G
The Communications Minister's comment assumes significance as the DoT was earlier hopeful of holding 5G auctions by the end of the current fiscal
The 5G auction would include 3,300 MHz to 3,600 MHz bands along with the milimetre waves
The 5G auction will include 3,300 MHz to 3,600 MHz bands, along with milimetre waves
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The company said the full impact of the 5G experience would be available to Airtel customers when adequate spectrum is available and government approvals received
Earlier this month K. Ramchand, Member (Technology), Department of Telecommunications (DoT) said that it would soon announce 5G spectrum bands for auction
The auctions are slated to be held in March 2021 and the notice inviting applications is expected by the end of this month
The licences for some of the 4G spectrum held by telecom companies (telcos) expire next year
While timing of 5G spectrum action is unclear, over 1 million 5G smartphones entered market in Sept quarter