Telecom Regulatory Authority of India on Thursday extended deadline for sights on 5G spectrum auction paper.
“Trying to keep in check out the requests of stakeholders for extension of time for submission of feedback, it has been made a decision to extend the past day for submission of prepared feedback and counter feedback,” stated Trai in a statement.
The past day for acquiring prepared feedback on the concerns lifted in the consultation paper from the stakeholders was before fixed as December 28, 2021 and for counter feedback as January eleven, 2022. They have now been improved to January ten, 2022 and January 24, 2022 respectively. Trai experienced released a consultation paper on “Auction of Spectrum in frequency bands determined for IMT/5G” on November 30, 2021
No further requests for extension would be thought of, stated the telecom regulator.
Trai is working out spectrum pricing and norms for new frequencies these as 526-698 MHz and millimetre band, that is 24.25 – 28.five GHz, as also bands these as seven hundred MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz.
The past spherical of auctions, in March, experienced captivated bids of more than Rs 77,800 crore for 855.six MHz of spectrum but 63 per cent of full radiowaves on offer remained unsold.
Gamers have extensive been voicing concerns more than high spectrum pricing and all eyes are now on the regulator to see if the spectrum valuation methodology is rehauled, and pricing created eye-catching.
The sector is anticipated to see satellite-primarily based broadband expert services with OneWeb and Elon Musk-led Starlink already in fray to start out their assistance in 2022.
With 5G guarantee prepared to unfold and offered headroom for growth in the world’s greatest knowledge sector even amid pandemic, telcos have already started out setting up their warchest.
Jio Platforms — that properties India’s youngest but greatest telecom firm Jio and applications — experienced lifted a staggering Rs one,fifty two,056 crore from marquee investors before and would seem all set to faucet into new opportunities.
Airtel, whose Rs 21,000 crore rights issue in Oct was oversubscribed, strategies to use the proceeds to strengthen its stability sheet, make its arsenal, and gear up for 5G.
Vodafone Idea’s fund elevating strategies are significantly delayed but the corporation expects to conclude it this fiscal.
“The upcoming calendar year will see convergence of industries with telecom getting centrestage for multiple sectors to leverage. Collaborations are anticipated to be the key system to travel revenues from enterprises and business sector,” Peeyush Vaish, Companion and Telecom Chief at Deloitte India explained to PTI.
(With inputs from PTI)