5G service rollout in India: 5G internet service will start in the country soon. The government has approved its auction. On Wednesday, Union Minister Ashwini Vaishnav made the announcement. The application for the 5G spectrum auction will start on July 8 and the auction will start on July 26. The government aims to launch the 5G service in October this year.
What information did the government give?
Ashwini Vaishnav said, “The cabinet has approved the auction of IMT/5G spectrum to reduce the cost of doing business for telecom service providers. 5G service will be launched soon. Around 10 times faster than 4G 72 The spectrum above GHz will be auctioned for a period of 20 years.
The Cabinet has approved ‘Private Access Network’ to promote innovation in new age applications like Machine-to-Machine communication, Internet of Things (IoT), and Artificial Intelligence (AI) which can be used in the health care sector, agriculture, and energy will be done. and other areas. Moreover, it was determined to authorize the creation and development of
The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Department of Telecommunications’ proposal for a spectrum auction, according to a statement from the ministry. which successful bidders will be provided 5G services to the public and enterprises. Spectrum will be provided. 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 take place 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 auctions that will boost the ease of doing business. It added that there will be no obligation to make any advance payment to the successful bidders, this is happening for the first time. Spectrum will be paid for in 20 equal annual installments, with the first installment due each year.
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