5G spectrum sale to be held in March-April 2020, no reduction in prices. Bharti Airtel adds record 12mn subscribers in October-November 2019.
5G Days: Much to the dismay of debt-struck telecom companies, the government has decided to not reduce the price of airwaves in its 5G spectrum sale - which has been scheduled to be held in March-April 2020.
The Digital Communications Commission, the apex decision-making body of he telecom department, approved the spectrum sale yesterday. It entails 8,300Mhz across 22 circles and at reserve price will fetch the exchequer INR5.22Lcr.
The Commission expects demand for the spectrum to be healthy, even though telcos have expressed anguish over "high reserve prices", especially at a time when they are going through several financial crises. ToI
Meanwhile: As per data submitted by Bharti Airtel to the Telecom Regulatory Authority of India, the telco added a record 12mn 4G subscribers during the October-November 2019 period. This reflects a five-fold jump over the monthly average of around 1.5mn in the past few months. Financial Express
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