Telecom Regulatory Authority of India on Thursday prolonged deadline for views on 5G spectrum auction paper.
“Keeping in view the requests of stakeholders for extension of time for submission of feedback, it has been determined to increase the final date for submission of written feedback and counter feedback,” stated Trai in an announcement.
The final date for receiving written feedback on the problems raised within the session paper from the stakeholders was earlier mounted as December 28, 2021 and for counter feedback as January 11, 2022. They have now been modified to January 10, 2022 and January 24, 2022 respectively. Trai had launched a session paper on “Auction of Spectrum in frequency bands identified for IMT/5G” on November 30, 2021
No additional requests for extension could be thought-about, stated the telecom regulator.
Trai is figuring out spectrum pricing and norms for new frequencies reminiscent of 526-698 MHz and millimetre band, that’s 24.25 – 28.5 GHz, as additionally bands reminiscent of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz.
The final spherical of auctions, in March, had attracted bids of over Rs 77,800 crore for 855.6 MHz of spectrum however 63 per cent of complete radiowaves on provide remained unsold.
Players have lengthy been voicing considerations over excessive spectrum pricing and all eyes are actually on the regulator to see if the spectrum valuation methodology is rehauled, and pricing made enticing.
The sector is anticipated to see satellite-based broadband companies with OneWeb and Elon Musk-led Starlink already in fray to begin their service in 2022.
With 5G promise able to unfold and given headroom for development on this planet’s largest information market even amid pandemic, telcos have already began constructing their warchest.
Jio Platforms — that homes India’s youngest however largest telecom agency Jio and apps — had raised a staggering Rs 1,52,056 crore from marquee traders earlier and appears all set to faucet into new alternatives.
Airtel, whose Rs 21,000 crore rights subject in October was oversubscribed, plans to make use of the proceeds to strengthen its steadiness sheet, construct its arsenal, and equipment up for 5G.
Vodafone Idea’s fund elevating plans are considerably delayed however the firm expects to conclude it this fiscal.
“The subsequent yr will see convergence of industries with telecom taking centrestage for a number of sectors to leverage. Collaborations are anticipated to be the important thing technique to drive revenues from enterprises and industrial sector,” Peeyush Vaish, Partner and Telecom Leader at Deloitte India advised PTI.
(With inputs from PTI)