Spectrum auctions in India likely in second half of 2020: Moody's

Trai has recommended auction of about 8,644 MHz of telecom frequencies at an estimated total base price of Rs 4.9 trn

The proposed spectrum auctions in India, which includes radiowaves for 5G technology, are likely to be held only in the second half of 2020 or later, given the stressed balance sheets of telecom operators, Moody's Investors Service said Thursday.

"Regulators in countries such as India, Indonesia, and Bangladesh are still initiating consultations with operators and are likely to schedule 5G spectrum auctions only in second half of 2020 or later," Moody's Investors Service said in a report.

It said that the Indian government has identified the 5G spectrum (3.3-3.6 GHz).

"However, sale of spectrum in 2019 is unlikely, especially given the telcos' request