Auction for 5G spectrum to commence around June this year, says minister Ashiwini Vaishnaw

Main Image
  • Like
  • Comment
  • Share

If you are waiting for 5G in India, you might have to wait just a tad bit more. 5G network rollout is expected to commence in 2023 keeping the latest report in mind. Earlier, it was expected to roll out in 2022, however, according to Mr. Ashiwini Vaishnaw, the Telecom Minister of India said that the 5G spectrum auction is due in the second half of this year.

Mr. Vaishnaw has given a timeline according to which, the 5G network auction is expected to be held in early June 2022. This will set up the base for the upcoming 5G rollout from participating major telecom carriers such as Reliance Jio, Airtel, and Vi among others. The auction arrives at a base price of 7.5 lac crore across multiple frequency bands allocated over a period of 30 years. With that being said, Digital Communications Commissions will take TRAI recommendations and decide the plan of action.

The auction base price according to the watchdogs is at 7.5 Lac crore for the 1 lac MHz spectrum that the government allocates for 30 years while the pricing comes at 5.07 lac crore for 20 years of the allocated timeline. TRAI slashed the pricing for spectrum compared to last year by about 39%, however, it is being said that the pricing is still higher than the global benchmarks so far.

Related Articles

ImageHot Scoop: Samsung Galaxy Z Flip 6 Pricing Revealed Ahead of Official Release

Samsung’s next clamshell foldable, the Galaxy Z Flip6, will launch next month at Galaxy Unpacked. While everyone awaits the official announcement, we’ve managed to uncover the Galaxy Z Flip6’s pricing and variants for the US market in association with OnLeaks. Brace yourselves—unfortunately, the pricing is higher than expected. Galaxy Z Flip6 Price Leaked  The Galaxy …

Image5G Spectrum auction begins in India: Here’s everything you need to know about it

5G enabled smartphones have already become a rage in the Indian market. The reason behind this is that the country is soon expected to get its own 5G rollout, leading to better and faster connectivity for consumers. The budding for the 5G Spectrum is all set to begin in the country and here’s all that …

Image5G prices in India will be cheapest in the world, says IT minister

The Government of India has already announced that the auction for the 5G mega spectrum will happen towards the end of July 2022. They will begin on July 26th wherein over 72GHz of spectrum valued at Rs. 5 lakh crore will be auctioned for 20 years. The spectrum will be awarded to successful bidders for …

ImageRealme C65 5G Review: Entry-Level All-rounder with Six-Hitting Power

Realme is back. Yes, I know we have been saying these words too frequently in 2024, but then this is because they hold true. Realme has been on a roll this year. We are just four months into the year and we already witnessed nine smartphone launches by Realme. Crazy, right? But then, it is …

ImageDoT officially confirms timeline for 5G spectrum auction in India commencing on July 26

It’s good news for Indian telecom users as the days of getting 5G networks on their phones are nearing. This comes after an official confirmation by the Department of Telecommunications (DoT) that the auction for the 5G spectrum is due to commence on July 26th. It has released information on the timeline that DoT will …

Discuss

Be the first to leave a comment.

Related Products