The Union Cabinet chaired by Prime Minister Narendra Modi has finally approved the Department of Telecommunications (DoT)’s 5G spectrum auction through which spectrum will be assigned to bidders to provide 5G services to the public as well as enterprises, reported India Today.
The cabinet claimed that the 5G network will provide speed and capacity that would be about 10 times higher than what is possible through the current 4G services. Therefore, India is going to get 5G services very soon.
A total auction of 72097.85 MHz of spectrum with 20 yrs validity by July-end will be put to auction, which is said to be held by the end of July 2022. Ashwini Vaishnav, Minister of Telecom and IT said that the “spectrum auction announced today is an integral part of developing BharatKa5G ecosystem.”
PIB in an official release detailed that the “auction will be held for spectrum in various Low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz) and High (26 GHz) frequency bands.”