Wednesday, August 10, 2022

First round of 5G spectrum auction concludes, base price set at Rs 4.3 trillion

The Department of Telecom on Tuesday concluded the first round of 5G spectrum auctions in which the base price was fixed at Rs 4.3 trillion.
According to News9live, telecom companies Reliance Jio Infocomm, Bharti Airtel, and Vodafone Idea are bidding for the spectrum with Adani group also throwing its hat in the ring for a portion of the spectrum to be used for its private captive network.
On Tuesday, the government also announced guidelines for allotment of E-band to telcos with spectrum access.
Two service providers will receive 250 megahertz of bandwidth to backload their operations.
An auction will be held later on. Backhaul capacity implies connecting a mobile network with towers to transmit data. E-band spectrum is useful where a telco cannot lay fibre lines owing to manpower and regulatory concerns.
The number of days of auction will depend on the actual demand for radiowaves and the strategy of individual bidders, sources in the Department of Telecom said.
The department expects Rs 70,000 crore to Rs 1,00,000 crore from the 5G auctions that would ring in new-age offerings and business models, and enable ultra-high speeds — about 10 times faster than 4G.
Last month, Adani group said it did not intend to enter the consumer mobility space. However, the company is participating in the open bidding process for 5G to provide private network solutions and enhanced cybersecurity at airports, ports and logistics, power generation, transmission, distribution, and manufacturing operations.
A total of 72,097.85 MHz of spectrum worth at least Rs 4.3 lakh crore will be put on the block during the auction, set to commence on July 26, 2022. The auction will be held for spectrum in various low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), mid (3300 MHz) and high (26 GHz) frequency bands.

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