TRAI says 5G spectrum pricing recommendations are justified
New Delhi:
Amid industry concerns over lower-than-expected price cut, Telecom Regulatory Authority of India (Trai) chairman PD Vaghela on Tuesday said the regulator’s recommendations for a 39 per cent slash in spectrum prices are rational, attractive and by “scientific calculation”. are supported. ,
Mr. Vaghela said that given the huge market potential of 5G, he is confident that the telecom industry will actively participate in the auction.
The Chairman expressed the hope that the recommended reserve price would attract the bidders in the upcoming auction.
He also said that ease of doing business, wider stakeholder input and facilitating the spread of 5G in the country have been the most important drivers for TRAI’s latest stance.
Setting the stage for the rollout of 5G services, telecom regulator TRAI on Monday recommended a mega auction scheme worth over Rs 7.5 lakh crore at a base price across multiple bands for allocated radiowaves over 30 years.