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Confident that telcos will participate with enthusiasm in 5G auctions: Communications Minister

Confident that telcos will participate with enthusiasm in 5G auctions: Communications Minister

The government has also given its nod for setting up of captive 5G networks by big tech firms.

The auction — entailing 72 GHz of spectrum — is set to commence on July 26, 2022.

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The auction will be held for spectrum in various low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), mid (3300 MHz) and high (26 GHz) frequency bands.

The Cabinet approved 5G auctions at reserve prices recommended by the sector regulator Telecom Regulatory Authority of India (TRAI). TRAI had recommended an about 40 per cent cut in floor price for the sale of 5G spectrum for mobile services, a rate that was earlier labelled ‘deeply disappointing’ by COAI as telcos were keen on 90 per cent lower prices.

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