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5G spectrum auction most probably in February 2022: Telecom minister – Times of India

NEW DELHI: The 5G spectrum auctions will “most likely” be held in February 2022, and the federal government might even strive for a January timeline, telecom minister Ashwini Vaishnaw mentioned on Wednesday.
Talking to PTI, Vaishnaw mentioned that the telecom reforms bundle cleared by the Cupboard is sufficient for the survival of current gamers, and added that with extra reforms, and extra structural adjustments, which can be within the pipeline, “extra gamers ought to come”.
The Union Cupboard on Wednesday authorized a blockbuster aid bundle for the harassed telecom sector that features a four-year break for firms from paying statutory dues, permission to share scarce airwaves, change within the definition of income on which levies are paid and 100 per cent overseas funding by the automated route.
“Right this moment’s reform bundle is sweet sufficient for making certain competitors, positively it’s ok for survival of the gamers and ensuring this can be a wholesome sector the place competitors stays strong…I truthfully imagine as soon as we perform a little little bit of extra adjustments which can be there in pipeline, extra gamers will come,” Vaishnaw mentioned.
“We don’t intend to cease,” the minister mentioned underlining the federal government’s agency resolve to push forward with reforms, with a view to guarantee strong well being of the telecom sector.
The telecom minister additional mentioned he had spoken to all the important thing gamers within the sector after Wednesday’s briefing, and that the businesses are pleased with the broad set of measures which have been introduced.
“All of the three huge gamers really feel that this was completely what was wanted,” the minister mentioned.
Requested in regards to the 5G spectrum auction timelines, the minister mentioned it is going to be held over the past quarter of this fiscal.
“Most likely February of 2022…I feel by January additionally, we are able to strive,” Vaishnaw mentioned.

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