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Cut the reserve price

Govt must look beyond revenues in spectrum auctions

Topics
4G network | 5G auction | telecom sector

Business Standard Editorial Comment  |  New Delhi 



The new year has set the mood for telecom auctions in the country with the government announcing the 4G spectrum bidding timeline. This is only the beginning as the real play is expected later in the year when 5G auctions are announced. 5G telecom services will mean a whole new universe of cutting-edge technology for enterprises and businesses across sectors from health care to education to consumer goods, riding on artificial intelligence and internet of things (IoT). For that to happen, private telecom service providers Reliance Jio, Bharti Airtel, and will need to invest substantially in 5G services, starting with their bids for the auction expected around September. But to ensure active industry participation in 5G auctions and to prevent further deterioration in the health of the telecom sector, the reserve price for bidding must come down. Apart from telcos, even a task force constituted by the finance ministry has suggested rationalising prices so that the next generation services become affordable for all.

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First Published: Thu, January 14 2021. 22:24 IST

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