Sources familiar with the matter said the demand notices were sent on July 16 after the Union finance ministry approved them. Moneycontrol has seen a copy of demand notices to all the three telcos
Spectrum auction 2024: All the available spectrum in 800, 900, 1,800, 2,100, 2,300, 2,500, 3,300 MHz, and 26 GHz bands will be put to auction. Spectrum held by certain companies that are undergoing insolvency and which are expiring in 2024 on completion of the term will also be put to auction, the cabinet said.
TRA, formerly Trust Research Advisory, in its ’India’s Most Desired Brands 2022’ ranked companies according to their brand strength.Reliance Jio topped the telecom category, followed by Bharti Airtel, Vodafone Idea Ltd and BSNL.
"We are planning to roll out 5G services rapidly, telecom operators are working in that regard and installations are being done," the minister added.
The company said it has paid four years of 2022 spectrum dues upfront.
Commercial papers (CPs) with maturities up to 12 months are being sold by the telecom operator, according to the people aware of the matter, the Economic Times reported
Our specially curated package of the most interesting articles to help you stay at the top of your game.
Acquiring the 700 Mhz band along with C-band gives Reliance Jio an advantage vis-à-vis service providers who have acquired only the C-band
Out of the 72,098 MHz of total spectrum on offer, 71 percent or 51,236 MHz has been sold in the auction held through 40 rounds of bidding over the past seven days.
The auction of the 5G spectrum capable of offering ultra-high-speed internet entered the sixth day of bidding on Sunday after receiving bids worth 1,49,966 crore in the first five days from players like Reliance Jio and Bharti Airtel.
As many as five rounds of bidding were conducted on Wednesday, and Telecom Minister Ashwini Vaishnaw said "good competition" was seen in almost all bands on offer.
India's biggest spectrum auction for fifth generation airwaves worth Rs 4.3 lakh crore has begun, and 4 huge players are in it to win it! Reliance Jio, Bharti Airtel, Vodafone Idea & Adani Data Networks are in the race, bidding for parts of the 72 Ghz of airwaves that the government has put up for grabs. But what exactly is 5G, why could it be a complete game-changer, when will it actually be rolled out in India & most importantly, how much will it cost? Find the answers to all your questions in this video!
Four bidders were in the fray — Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data on the day one. The expected revenue is around 1.5 times higher than government's pre-auction estimates of Rs 80,000 crore to Rs 1 lakh crore.
The four companies that plan to bid for 5G spectrum together deposited Rs 21,800 crore as earnest money for the auction scheduled to start on July 26
Adani Data Networks Ltd — in which AEL’s equity holding is 100 per cent — got initial approval for grant of unified licence with authorisation of ILD, NLD and ISP-B for Gujarat circle, just days before the July 8 deadline for applying for participation in the 5G auction.
The Indian government is laying the groundwork for 5G spectrum auctions in the coming months. With this the 5G network will soon become a part of our lives.
A daily round-up of the most interesting articles to help jump-start the day.
The minister said that the Department of Telecom is working as per expected timeline and the process is on to resolve industry concerns around spectrum pricing.
(Eds: Adds details, Sunil Mittal's comment) New Delhi, Apr 12 Telecom industry body COAI, whose members include Bharti Airtel, Reliance Jio a..
New Delhi, Apr 12 Trai recommendations on cut in 5G spectrum base price are incrementally positive, not transformational, some sector analysts said,..
The move comes as the Centre is gearing up for the next-generation 5G airwaves auction later this year, which is expected to see participation from the country's three main carriers – Vodafone Idea, Bharti Airtel Ltd, and Reliance Industries Ltd's Jio.
Ashwini Vaishnaw's affirmation comes at a time when telecom regulator TRAI’s 5G recommendations on spectrum pricing and other nuances, which were widely expected to come by March-end, have spilled over by a few days to early April.
The Standing Committee on Communications and Information Technology, chaired by Lok Sabha MP Shashi Tharoor, in its report expressed concern about the 5G rollout delay that will deprive the country of taking advantage of various benefits of 5G when other countries of the world have made noticeable progress in the deployment of the technology.
Telecom Regulatory Authority of India (TRAI) Secretary V Raghunandan told PTI that the spectrum reference given to the regulator spanned multiple bands and thereby involved detailed and exhaustive deliberations.
Replying to a supplementary question during Question Hour, Devusinh Chauhan also said that the four companies have been allotted spectrum for conducting trials and added that the trials are expected to be completed soon.