5G Spectrum Auction: Good news for telecom service providers - Government takes this decision
"For spectrum acquired through an auction held after 15.09.2021 in different Access spectrum bands, no SUC shall be charged."
5G Spectrum Auction: In good news for telecom service providers (TSPs), the government has decided that in a 5G spectrum auction no SUC i.e. 'Spectrum Usage Charges' shall be charged.
The Department of Telecommunications in its announcement on 'Spectrum Usage Charge Order dated 21.06.2022' has confirmed that, "For spectrum acquired through an auction held after 15.09.2021 in different Access spectrum bands, no SUC shall be charged."
Full details available - https://dot.gov.in/sites/default/files/SUC%20Order_0.pdf?download=1
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Earlier, Telecom minister Ashwini Vaishnaw had said 5G deployment will commence in 20-25 cities and towns by the year-end and indicated that India, with its current data prices significantly lower than the global average, will continue to set rate benchmarks as new services are rolled out.
The 5G deployment will start from August-September, Vaishnaw said.
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The minister said India is developing 4G and 5G stacks, and is set to bolster its position as a trusted source for the world, in digital networks.
The government will auction about Rs 4.3 lakh crore worth of airwaves capable of offering fifth-generation or 5G telecom services, including ultra-high-speed internet, and has also given its nod for setting up captive 5G networks by the tech firms.
As much as 72 GHz of the spectrum will be put on the block during the 5G auction, set to commence on July 26, 2022. (With PTI inputs)
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