In a very short period of time, we shall speak of 4G in the same manner that we speak of telegrams and STD calls, both of which are no longer in our lives.
The harmonisation process, critical for 5G services, brings together a bunch of radio wave holdings within a band into one contiguous block with the consensus of all telecom service providers.
Both Bharti and Jio have likely built a pan-India spectrum footprint for 5G, with Vodafone Idea's selective participation.
The pitched battle in UP East circle seems to be cooling off now, indicating that the auctions may be entering the final leg, according to industry sources.
It added Rs 232 crore to its kitty on the fourth day of the auction. The reason behind stretching the auction for the entire week is fight for the 1800 MHz in UP (East).
Sources said minister will be holding a meeting with PE funds, VCs, investors, & banks in Mumbai on Saturday to understand their views & concerns, as also to discuss the growth path for telecom sector
The 3300 MHz & 26 GHz bands attracted strong bids. The telecom minister described the participation of four bidders as strong. The bids exceeding all expectations and surpassing 2015 records, he said.
The company’s revenue from operation witnessed an increase of 21.5% to Rs 21,873 crore in the first quarter from Rs 18,008 crore in the same quarter last fiscal.
The 5G spectrum auction is scheduled to start on July 26. Total of 72 GHz (gigahertz) of spectrum worth at least Rs 4.3 lakh crore will be put on the block during the auction.
“Our intention is not to be in the consumer mobility. As India prepares to roll out 5G services, we are one of the many applicants participating in the open bidding process,” said a spokesperson.
Private enterprises won't need to pay any entry fee or licensee fee. They just have to pay a one-time non-refundable processing fee of Rs 50000.
Even analysts are of the view that telecom service providers - Reliance Jio, Bharti Airtel and Vodafone Idea - are expected to buy spectrum worth Rs 71,000 crore in the upcoming auction.
Relief for telecos as government cuts three per cent floor rate on spectrum usage ahead of 5G auction
The move of the government is going to benefit telcos as it would reduce their future outflows towards these statutory fees.
The DoT, in the order dated June 21, has removed spectrum usage charge (SUC) from the radiowaves that will be bought in the auction scheduled to start from July 26.
The Congress party has launched a spirited defence of its leadership both on the street and in the media on the National Herald case.
The Cabinet ignored the demand of telecom operators to reduce the base price of spectrum and not allow private enterprises to have their own 5G network.