Spectrum policy for roll out of 5G in India underway
The Dollar Business Bureau The delay in catching up with the world on 3G and 4G, the Telecom Secretary, J S Deepak says, will not be repeated for 5G. "It has a wider application for the industry including smart cities and management of grids. So we are keen to be with the world," he explained, stating that 5G is going to be important for India's productivity. South Korea is poised to introduce 5G by 2018, the year it is hosting the Winter Olympics. In order to stay ahead of the curve on the fifth generation data services, the government is keen on formulating a policy for the use of high-frequency spectrum bands before July. "In the next three months, we ...
Indias spectrum auctions to offer Rs 5.63 lakh cr worth airwaves
The Dollar Business Bureau Mobile airwaves to the tune of Rs 5.63 lakh crore are up for grabs at India’s largest spectrum auctions which began on Saturday. The airwaves, which are necessary for next generation telecom services, will be auctioned among the likes of Reliance Jio, Vodafone, Idea Cellular, Bharti Airtel. Companies such as Tata Teleservices, Reliance Communications and Aircel will also be competing in the race to buy the spectrum. The auctions will take place between 9 am and 7 pm every day except for the first day when it starts at 10 am. The results of the bidding will be released every day at the end of the auctions. It should be noted that the 3G auctions conducted in the 2100 Mhz band ...
Biggest spectrum auction to begin on Sep 29; industry skeptical
PTI Government is looking at raising as much as Rs 5.63 lakh crore from the auction of mobile phone airwaves in the nation's biggest-ever spectrum auction that begins on September 29."Large chunk of spectrum is being put for auction which aims to address issue of fragmentation, improve quality of service, and rules have been made bidder friendly," Telecom Secretary J S Deepak said while releasing the bid document called the Notice Inviting Application (NIA).The government will put a total of 2,354.55 megahertz of mobile airwaves frequencies for auction in all band -- 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz. All the airwaves being put for auction can be used for high speed 4G ...
Govt. to discuss mega-spectrum auction plan
The Dollar Business Bureau The government on Wednesday said it would discuss the mega-spectrum auction plan for the sale of airwaves worth Rs.5.66 lakh crore. "The Cabinet is likely to take up spectrum auction proposal and the timeline for auction will be prepared after Cabinet approval," according to PTI. The Centre may raise almost Rs.64,000 crore by auctioning around 2300 Mhz of spectrum and Rs.98,995 crore from several taxes and services in the telecom sector. The notice inviting application is expected to be issued by July 1, followed by a pre-bid conference on July 6 and bidding from September 1. According to the inter-ministerial panel, the auction would put into sale the premium 700 Mhz band worth Rs.11,485 per Mhz. The mobile services’ delivering cost ...
Centre steps up efforts to take India's growth to 9-10%: FM
The Dollar Business Bureau Tax reforms and various other measures taken by the government will boost investment in India and the country will achieve 9-10 % growth in the coming years, Finance Minister Arun Jaitley said on Friday. “The cumulative impact of these (initiatives), I believe, will increase our capacity to grow is more than 9%, it is 10%,” he said in an interview to the DD News. According to the World Bank and International Monetary Fund, the Indian economy is expected to grow at 8 to 8.5% during the current fiscal, up from 7.4 per cent estimated in previous financial year. He said that his government has been making special efforts to tackle farmers’ issues and boost infrastructure and agriculture. ...