Telecom Ministry preparation of inviting tenders for spectrum auction

USNMix Report: Ministry of Telecom in preparation of spectrum
auction process: Source

Telecom Ministry is engaged in the process of inviting tenders for spectrum auction and tender related notice may be issued in September. While spectrum auction may take place in November.

Telecom Ministry is engaged in the process of inviting tenders for spectrum auction and tender related notice may be issued in September. While spectrum auction may take place in November. This information was given by official sources. Sources said that preparations for tender invitation information are going on along with the major programs of the ministry, including the 5G spectrum trials allocation. According to the timetable of the Ministry, the invitation to invite tender will be issued in September and the auction of spectrum will be in November. 

The possibility of 5G service starting in India by 2020

The Telecom Regulatory Authority of India (TRAI) has recommended spectrum auction of the band of about 8,644 MHz frequency, which is estimated to be worth 5 lakh rupees (base price). It also includes radio waves for the 5G service. With the launch of high-speed services by telecom companies across the world, India also wants to start the 5G service by 2020.

On the question asked about any kind of revision in the price of 5G spectrum on the demand of industry by giving examples of South Korea, the sources said that telecom companies should expand and upgrade their network through public and rights issues. And they have to make a similar budget for the 5G spectrum auction fund. The industry has expressed its inability to buy airwaves at such a high price.

TRAI has recommended a safe price of Rs 492 crore per megahertz for the 5G spectrum of the 3300-3600 MHz band, which is for at least 20 MHz all over India. Thus, an operator will have to repay Rs 9,840 crores, which they consider to be too much.