The union’s cabinet has approved a bid for radio waves capable of providing fifth-generation telecoms, or 5G, including ultra-high-speed internet. and proposed establishing a 5G network confined by big tech companies.
The auction of 72 GHz spectrum will be held by the end of July. The official statement details a decision made by the union cabinet led by Prime Minister Narendra Modi at a meeting on Tuesday.
The spectrum auction will begin on July 26, 2022.
The source said the Cabinet had approved a bid for 5G at the reserve price suggested by the Telecoms Regulatory Authority of India (TRAI).
TRAI has previously suggested lowering the reserve price or ground price for 5G spectrum sales for mobile services by around 39%.
While 5G spectrum in nine bands will be auctioned to telecom operators such as Bharti Airtel and Reliance Jio, an announcement invitation application – a bid document released by the Department of Telecom (DoT) – Big tech companies will now Licensed to use 5G spectrum for non-public networks leased from telecommunications companies.
The solicitation proposal states that direct allocations to large technology companies will be based on a study of the needs and recommendations of TRAI regulators in areas such as prices and patterns of such allocations.
Big tech companies like Google are looking to direct spectrum allocation for applications such as machine-to-machine communication, IoT and AI, while telecom companies are opposed to directly allocating 5G spectrum to them. It said it would distort the level of competition and rob. government of income
According to the documents, the auction is scheduled to begin on July 26, 2022, among other important dates to watch out for is a pre-bid meeting scheduled for June 20, 2022. July 8th and Before – Qualifications for July 18th Bidder A mock auction will take place on July 22nd and 23rd, 2022.
Overall, payment terms have been relaxed for bidders in upcoming auctions.