 "DoT's 5G waves price proposal high: Finance ministry task force")
The 5G spectrum price suggested by the Department of Telecom (DoT) is too high, a task force set up by the finance ministry said, as it recommended rationalising of prices for making the next generation services affordable for all.
The industry has unanimously raised the issue of high spectrum price. However, DoT adopted the spectrum rate as recommended by Trai.
The task force, in a report released on Thursday, acknowledged stress in the sector and said the Supreme Court judgment mandating firms to pay around Rs 1.35 trillion has placed some operators in a “precarious position”. It said for the upcoming auction of 5G airwaves, DoT suggested a base price of Rs 492 crore per megahertz, which is very high compared to other countries.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%