Industry

5G spectrum auctions to be held this fiscal: Ravi Shankar Prasad

Union Telecom Minister Ravi Shankar Prasad with Telecom Secretary Anshu Prakash (L) and Aditya Birla Group Chairman Kumar Mangalam Birla (R) during the inauguration of India Mobile Congress in New Delhi on Oct. 14, 2019.

Union Telecom Minister Ravi Shankar Prasad with Telecom Secretary Anshu Prakash (L) and Aditya Birla Group Chairman Kumar Mangalam Birla (R) during the inauguration of India Mobile Congress in New Delhi on Oct. 14, 2019.   | Photo Credit: PTI

We are undertaking some reforms in spectrum pricing, says the Telecom Minister during the inauguration of India Mobile Congress

Amid widespread concerns over exorbitant pricing of radiowaves including 5G, Telecom Minister Ravi Shankar Prasad on Monday promised “reforms” in spectrum pricing and said that auctions will take place in the current financial year.

Speaking at the India Mobile Congress 2019, Mr. Prasad said the government was aware and alive to some problems and challenges being faced by the industry.

“Spectrum auctions will be done this financial year... We are undertaking some reforms in spectrum pricing,” he said.

The Telecom Regulatory Authority of India (TRAI) had last year recommended auction of about 8,644 MHz of telecom frequencies, including those for 5G services, at an estimated total base price of Rs 4.9 lakh crore, but the financially-stressed industry that is buckling under high debt, had argued that proposed prices are unaffordable and exorbitant.

Some industry players had pointed out that the average price of 5G band auctioned in countries such as South Korea, Spain, the UK and Italy comes out to be ₹84 crore/MHz, whereas TRAI’s recommended price for the same band is 5 to 6 times higher at ₹492 crore/MHz.

A letter from the Editor


Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism
Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | May 25, 2020 2:45:19 PM | https://www.thehindu.com/business/Industry/5g-spectrum-auctions-to-be-held-this-fiscal-ravi-shankar-prasad/article29679782.ece

Next Story