In a positive development, the Union government has announced holding a telecom spectrum auction starting May 20. Almost the entire range of frequency bands that remained unsold in the previous auction, in 2022, will be up for sale this time. This will give an opportunity to telecom companies (telcos) to make a choice, depending on what the priority for them is at this point. With auction becoming much more frequent, moving on to an annual exercise like in some other countries, telcos won’t be in a rush to hoard spectrum at a high cost any longer. This will help companies