Price of 5G spectrum will be decided afresh, TRAI issues consultation paper

TRAI said that while working on the evaluation of spectrum, the provisions announced in the reform package of September will also be taken into account.

Over Rs 77,800 crore was bid for 855.6 MHz spectrum in the last round of spectrum auction held in March this year.

After giving a relief package to the telecom industry in September, the government has now started work aimed at introducing 5G (5G), bringing new spectrum bands and rethinking pricing. For this, the regulator TRAI has issued a consultation paper of 207 pages and sought their opinion from the industries. According to the news of the Economic Times, TRAI said in its statement that the DoT has decided to apply to it the reserve price, band plan, size of block, quantum of spectrum for auction and 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 Apart from bands like MHz, 2300 MHz, 2500 MHz and 3300-3670 MHz, it has been asked to make recommendations on issues such as the conditions relating to auction of spectrum in 526-698 MHz and millimeter bands, i.e. 24.25-28.5 GHz bands.

77,800 crores was bid

According to the information, in the last round of spectrum auction held in March this year, more than Rs 77,800 crore was bid for 855.6 MHz spectrum, but about 63% of the total airwaves on sale remained unsold. TRAI said that while working on the valuation of spectrum, the provisions announced in the September reform package will also be taken into account, including provisions related to rationalization of bank guarantees and 30-year tenure of spectrum.

What did Telecom Minister Ashwini Vaishnav say?

According to Telecom Minister Ashwini Vaishnav, he is hopeful that TRAI will come out with its final recommendations by March next year, after which the auction can be done around April-May. It is worth noting that earlier in March 2021 at the time of spectrum auction, the government had offered 2308.80 MHz spectrum in seven bands, with a reserve price of Rs 4 lakh crore.

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