5G Rollout in India: Application for 5G spectrum auction will start from July 8 and auction will start from July 26. The government aims to start 5G service from October. Union Minister Ashwini Vaishnav announced this on Wednesday.
5G Service Rollout in India: 5G internet service will start soon in the country. The government has approved its auction. Union Minister Ashwini Vaishnav announced this on Wednesday. The application for 5G spectrum auction will start from July 8 and the auction will start from July 26. The government aims to start 5G service from October this year.
What information was given by the government
Ashwini Vaishnav said, “The cabinet has approved the auction of IMT/5G spectrum to reduce the cost of doing business for the telecom service providers. 5G services will be started soon. Spectrum over 72 GHz, about 10 times faster than 4G, will be auctioned for a period of 20 years.
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The Cabinet has approved 'private access networks' to promote innovation in new-age applications such as machine-to-machine communication, Internet of Things (IoT), artificial intelligence (AI) to be used in the health care sector, agriculture, energy and other sectors. It also decided to approve the establishment and development of
A press release issued by the government said, "The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal of Department of Telecommunications for spectrum auction, under which spectrum will be awarded to successful bidders for providing 5G services to the public and enterprises. will be allotted.
The government will auction a total of 72097.85 MHz spectrum with a validity of 20 years by the end of July. Apart from this, spectrum auction will also be held for various low, medium and high frequency bands.
Giving impetus to reforms in the telecom sector, the Cabinet has also announced several development options related to spectrum auction that will boost ease of doing business. It said, "There will be no compulsion to make advance payment to the successful bidders, this is happening for the first time. The payment for spectrum will be made in 20 equal annual installments and these advance installments will have to be paid at the beginning of each year.
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