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Spectrum auction News
On the first day of 5G spectrum auction, bids worth over Rs 1.45 lakh crore
Wed, Jul 27, 2022
There has been a 1.5 times greater response than anticipated on the opening day of the 5G spectrum auction. The government is projected to get between 1.80 and 2 lakh crores of revenue from this auction, this auction will continue even today.
5G rollout in India: Cabinet Approves 5G Spectrum Auction, Services To Start Soon In India
Thu, Jun 16, 2022
India is soon going to get 5G services. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the DoT's ( Department of Telecommunications) 5G Spectrum auction. Soon to provide 5G services, spectrum will be assigned to bidders. The cabinet has claimed that 5G services are going to be about 10 times higher than 4G services. PIB also detailed that "auction will be held for spectrum in various low like (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz) and High (26 GHz) frequency bands.” Cabinet also said that The bidders will have an option to surrender the specturm after 10 years with no future liabilities with respect to instalments.
No question of scrapping discussion on spectrum auction: Trai
Sun, Nov 12, 2017
Chairman of the Telecom Regulatory Authority of India (Trai), R S Sharma told PTI that the regulator is "duty-bound" to respond to matters referred to it by the government for recommendations, in this case on spectrum auction for various bands, pricing and other modalities.
TRAI dangles 5G spectrum auction bait but Indian telcos far from ready
Thu, Aug 31, 2017
At a time when the telecom industry is lobbying to lower interest on spectrum payments and opposing lowering of interconnection usage charges talks of another spectrum auction surface. But the industry is not ready.
Delay in plans to offset debt led telecom industry to crisis
Mon, Jun 12, 2017
The telecom sector is currently Rs 3.60 lakh crore in debt is facing a lot of turmoil including degrading of companies by ratings agencies. Analysts speak about the causes and how Reliance Jio added to their problems.
Telecom sector seeks deferral of spectrum payment from Govt
Wed, May 10, 2017
Nilanjan Roy, Chief Financial Officer of Bharti Airtel was quoted by Bloomberg as saying, “The industry will engage with government to seek deferral of dues. We need to see if spectrum payments can be deferred as interest costs has risen on higher spectrum related costs.”
Govt to seek TRAI views on annual auctioning of spectrum
Tue, Feb 28, 2017
Terming India as a "spectrum supermarket", Telecom Secretary J S Deepak today said the government plans to auction radiowaves every year to allow operators to pick and choose what they want.
5 major telcos optimum for Indian market: Telecom Secretary
Sun, Feb 26, 2017
Telecom Secretary's comments assume significance as India -- the world's second largest mobile services market after China -- is in the midst of massive consolidation with incumbent operators joining forces to take on aggressive newcomer Reliance Jio.
Vodafone, Idea to weigh sale, trade of spectrum post merger
Fri, Feb 03, 2017
The soon to be merged telecom entity may trade its spectrum with other carriers to meet India’s antitrust rules, sources said on Friday. Both telecom are also considering selling of its existing spectrum in ‘private plans’ sources revealed under the conditions of anonymity.
Uncertainty grips telecom sector as budget nears, experts say
Mon, Jan 30, 2017
The Union budget to be presented by the government on February 1 may not be very eventful for the telecom sector.
RJio rates not predatory, discriminatory says Ministry of Communications
Wed, Nov 16, 2016
At the winter session of parliament which began on Wednesday, the Ministry of Communications put an end to speculations over Reliance Jio (RJIO)’s questionable offers and said they were well within the guidelines to offer them.
Revenue shortfalls: A challenge for govt to achieve fiscal deficit target
Thu, Oct 20, 2016
Another challenge for the government is garnering resources from disinvestment proceeds which are to be Rs 56,500 crore, the report said.
Reliance Jio is positively making lives of other telecom companies more difficult
Thu, Oct 20, 2016
Even though Reliance Jio (RJio) has less than 2 crore customers in a country with nearly 100 crore mobile connections, it has managed to make lives of established telecom companies difficult.
Telecom woes: ARPU, rising debt to hurt industry after spectrum auction
Wed, Oct 19, 2016
The tepid response by telecoms in the recent spectrum auction organized by the Department of Telecom (DoT) failed to brighten the debt ridden future of the industry, which is estimated to increase.
Difficult times for telcos as cash flows likely to dry up after spectrum payments
Tue, Oct 18, 2016
The rating agency believes that the funding for the new spectrum will be a combination of equity and debt for all the players.
Govt unlikely to go in for cut in public expenditure in FY17
Mon, Oct 17, 2016
The revenue deficit for current fiscal has been bettered to 2.5% of GDP, from the budgeted 2.8%.
High costs of spectrum likely to be credit negative for telcos: Moody's
Fri, Oct 14, 2016
High costs of spectrum purchase is likely to impact balance sheets and cash flows of telecom operators in India, according to Moody's Investors Service.
Airtel's debt to rise by $2 billion due to spectrum buys: Moody's
Wed, Oct 12, 2016
Bharti Airtel, India's largest mobile operator with over 257 million subscribers, won 173.8 Mhz of airwaves for Rs 14,244 crore in the just-concluded spectrum auction.
Tax from IDS to cushion spectrum auction shortfall: FM Jaitley
Mon, Oct 10, 2016
He said every person who evades taxes is not discharging his national obligation.
Low-interest spectrum auction may still improve data bandwidth, services
Sun, Oct 09, 2016
India`s telecom spectrum auction ended on Thursday, closing within five days with a total commitment of only Rs 65,789 crore.