The telecom operators have demanded a cut in the price of spectrum frequency bands by up to 95 percent. Telecom and satellite companies are at loggerheads with each other over the rules for auctioning 5G spectrum.
The 5G spectrum auction in India has been awaited for a long time. However, according to the new report, the 5G spectrum auction process will be completed by May this year. The Telecom Regulatory Authority of India (TRAI) is likely to submit its recommendation on the rules related to fixing the spectrum price by March. Telecom Minister Ashwini Vaishnav said earlier this month that TRAI would submit its recommendations for the 5G auction by March. Also, the Department of Telecommunications (DoT) is working towards completing the auction process expeditiously.
5G spectrum auction to be held by May
Telecom Secretary K Rajaraman said that after sending the recommendations by TRAI by March, an additional time of one month will be taken. Earlier this time period was of 60-120 days. Rajaraman said it will take two months for the auction to start from the day the DoT receives the recommendation from TRAI. In such a situation, it is expected that the work of the 5G spectrum auction should be completed by May.
According to DoT, 5G download speed will be 10 times faster than 4G. Let us tell you that the Department of Telecommunications seeks information from TRAI regarding the price of spectrum, the process of spectrum allocation, block size of spectrum, terms and conditions of payment. At the same time, TRAI recommends the pricing of spectrum in consultation with the industry and service providers. The recommendations of TRAI are sent to the cabinet for approval.
Rajaraman said that the DoT has selected MSTC as the auctioneer for the auction. TRAI has directed the participants of the 5G spectrum consultation to submit their comments by February 15. After this, TRAI will review these comments. Will then introduce new recommendations. The telecom operator has demanded a reduction in the price of spectrum frequency bands by up to 95 percent. Telecom and satellite companies are at loggerheads with each other over the rules for auctioning the 5G spectrum.