India Gears Up for Major Telecom Upgrade with ₹96,317 Cr Spectrum Auction Across Multiple Bands
Key Points:
- The Indian government approved a proposal to auction telecom spectrum across eight bands, aiming to improve service quality and coverage.
- The base price for the auction is set at a hefty Rs 96,317.65 crore.
- The auction includes bands ranging from 800 MHz to 26 GHz, catering to both voice and data services.
- The spectrum will be awarded for a 20-year validity period.
- This move is expected to boost 5G adoption and contribute to India's vision of a digitally empowered nation.
Additional Highlights:
- The auction also includes spectrum reserved for enhancing safety in railways, metros, and RRTS systems.
- A Committee of Secretaries will analyze existing spectrum usage to potentially free up more for future needs.
- This auction could raise significant revenue for the government.
Potential Impact:
- Improved telecom services and wider coverage, especially in rural areas.
- Faster 5G rollout and adoption.
- Increased competition in the telecom sector.
- Potential revenue boost for the government.
Note: Please note that the auction itself hasn't taken place yet.
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