Scindia, addressing media at the 8th edition of the India Mobile Congress 2024, said if the country were to adopt auction route, it would deviate from global norms. However, he reiterated that this doesn't imply that satcom players would receive the spectrum free of cost. The price will be determined by the Telecom Regulatory Authority of India (TRAI).
The minister's statement assumes significance as India's three major telecom players Reliance Jio, Bharti Airtel, and Vodafone Idea Limited (VIL) favour the auction route.
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