Telecom Regulatory Authority of India on Thursday extended deadline for views on 5G spectrum auction paper.
“Holding in see the requests of stakeholders for extension of time for submission of opinions, it has been determined to extend the past date for submission of written opinions and counter opinions,” stated Trai in a statement.
The past date for receiving written opinions on the concerns elevated in the consultation paper from the stakeholders was earlier set as December 28, 2021 and for counter opinions as January 11, 2022. They have now been transformed to January ten, 2022 and January 24, 2022 respectively. Trai experienced released a consultation paper on “Auction of Spectrum in frequency bands discovered for IMT/5G” on November 30, 2021
No more requests for extension would be viewed as, stated the telecom regulator.
Trai is working out spectrum pricing and norms for new frequencies these kinds of as 526-698 MHz and millimetre band, that is 24.25 – 28.5 GHz, as also bands these kinds of as 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz.
The past spherical of auctions, in March, experienced attracted bids of over Rs seventy seven,800 crore for 855.six MHz of spectrum but sixty three per cent of full radiowaves on provide remained unsold.
Players have long been voicing issues over large spectrum pricing and all eyes are now on the regulator to see if the spectrum valuation methodology is rehauled, and pricing designed beautiful.
The sector is envisioned to see satellite-based broadband services with OneWeb and Elon Musk-led Starlink already in fray to begin their provider in 2022.
With 5G assure prepared to unfold and specified headroom for advancement in the world’s biggest data market even amid pandemic, telcos have already began setting up their warchest.
Jio Platforms — that houses India’s youngest but biggest telecom firm Jio and apps — experienced elevated a staggering Rs one,fifty two,056 crore from marquee investors earlier and would seem all set to tap into new prospects.
Airtel, whose Rs 21,000 crore legal rights difficulty in Oct was oversubscribed, designs to use the proceeds to bolster its equilibrium sheet, develop its arsenal, and equipment up for 5G.
Vodafone Idea’s fund increasing designs are appreciably delayed but the firm expects to conclude it this fiscal.
“The future calendar year will see convergence of industries with telecom getting centrestage for several sectors to leverage. Collaborations are envisioned to be the crucial tactic to push revenues from enterprises and commercial sector,” Peeyush Vaish, Lover and Telecom Leader at Deloitte India instructed PTI.
(With inputs from PTI)