Information Technology Minister Ravi Shankar Prasad on Monday said that the government was working on a review of the reserve prices for 5G spectrum for the upcoming auctions.
The Minister also assured that the auctions will happen ‘within this financial year’.
“Spectrum auctions will happen within this financial year and we are also working on the pricing of spectrum. We are in the process of reforms for spectrum pricing, so wait for sometime,” he said, urging the telcos to wait for a few days for clarity.
Speaking at the India Mobile Congress (IMC) 2019, Prasad said that the government was aware of the challenges being faced by the industry. His statement came amid widespread concerns over exorbitant pricing of radio waves, including 5G.
Denne historien er fra October 15, 2019-utgaven av The Hindu Business Line.
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Denne historien er fra October 15, 2019-utgaven av The Hindu Business Line.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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