Categories: Business

Government plan for sale 5g at the next fiscal initial

New Delhi: After releasing the mega reform-bailout package for the telecommunications sector in September, the telecommunications department finally took the decisive steps for the sales spectrum in the early part of the fiscal 2022-23, which will also see 5G air wave auctions when the government observes Increased technology in the industrial, consumer, health care and education sectors in line with similar trends throughout the advanced world.
Telecom and IT Minister Ashwani Vaishnaw said that while auction can be postponed by several months with the target considered at first, the plan was to launch interesting policies that would see the company rising recent reform packages and planning new investments after sales spectrum.
Speaking at the time of the 2021 summit, the minister said that the Trai regulator was conducting consultations in connection with the upcoming auction, including for Airwaves 5G.
“I think they will send their reports in February-Middle, what we think, maybe late February, maximum to maximum March.
Immediately after that, we will have auction.” On the last auction schedule, he said, “today, estimate We were in April-May.
I previously estimated March.
But, I thought it would take time …
because of complex consultations, various opinions will come.
“The government feels that the bailout package given in March will enable the company to have cash Greater, which will not only help them invest higher in the network, but also plan auction freely.
The government assistance package has included the elimination of non-telecommunication revenues from the AGR definition, increasing the ownership of spectrum ownership from 20 years to 30 years, there are no spectrum use fees for new auctions, 100% FDI through automatic routes.

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