Business Standard

Broadband India Forum seeks lower reserve prices for 5G spectrum auction

Industry body says Indian reserve prices are 4X international ones; 40% of spectrum on offer last time went unsold due to higher prices

5g
Premium

Photo: Shutterstock

Sohini DasRomita Majumdar Mumbai
Echoing the telecom industry's concerns, the broadband industry body on Wednesday said that the reserve prices for the upcoming 5G auctions need to be lowered to ensure a faster roll out of mobile internet services.

Speaking on the sidelines of the 5G India 2019 summit, T V Ramachandran, president for Broadband India Forum (BIF), said that higher teledensity is directly proportional to economic growth. 

While he was in favour of rolling out 5G services in India soon, he felt that the reserve prices need to be lower in order to ensure

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 26 2019 | 7:50 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com