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Trai recommends 36% reduction in base price of prime 5G spectrum

The government is aiming to begin roll-out of 5G services by end-March 2023 in India, which is the world's second-biggest wireless market with over a billion subscribers

5G Tech, 5G trials, 5G in smartphone

Next-generation 5G networks, which can provide data speeds at least 20 times faster than 4G, are seen as vital for emerging technologies like self-driving cars and artificial intelligence

Reuters New Delhi

India's telecoms watchdog on Monday recommended a 36% cut from its earlier proposed base price for the auction of a prime spectrum for 5G networks, signaling some relief to India's cash-strapped telecom sector.

The move comes as India's government is gearing up for next-generation 5G airwaves auction later this year, which is expected to see participation from the country's three main carriers - Vodafone Idea, Bharti Airtel Ltd, and Reliance Industries Ltd's Jio.

The government is aiming to begin roll-out of 5G services by end-March 2023 in India, which is the world's second-biggest wireless market with over a billion subscribers.

 

The Telecom Regulatory Authority of India (TRAI) on Monday recommended a base price of 3.17 billion Indian rupees ($41.80 million) for the prime 5G frequency of 3300-3670 MHz band for use across the country. It had previously recommended a pricing of 4.92 billion Indian rupees ($64.88 million) for the same, which a telecom lobby group had described as 'unaffordable'.

Next-generation 5G networks, which can provide data speeds at least 20 times faster than 4G, are seen as vital for emerging technologies like self-driving cars and artificial intelligence.

($1 = 75.8380 Indian rupees)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 11 2022 | 9:31 PM IST

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