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This is likely to provide a major boost to Vodafone Idea, which can save up to Rs 40,000 crore by giving up its excess airwaves, the report said
This strategic move aims to bolster India’s telecom infrastructure, ensuring sufficient spectrum availability to support connectivity and advancements in digital services.
A Committee of Secretaries (CoS), established last year to streamline the process, approved the proposal in December. The committee includes secretaries from multiple departments and senior DoT officials.
Vodafone Idea owes over Rs 24,700 crore in bank guarantees (BG). Airtel and Vodafone Idea together hold BG obligations in excess of Rs 30,000 crore
In addition to renewing its 900 MHz spectrum in the UP West and West Bengal circles, VIL said it has enhanced its 900 MHz spectrum holdings in seven circles: Andhra Pradesh, Tamil Nadu, Karnataka, Punjab, Rajasthan, UP East, and Kolkata.
All the available spectrum in the 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz bands are part of the auction
The Cellular Operators Association of India (COAI), representing Reliance Jio, Bharti Airtel, and Vodafone Idea, has labelled the sale of 6GHz-enabled Wi-Fi products on e-commerce platforms such as Flipkart, Amazon, and Moglix as illegal
The Vodafone Idea FPO will open for subscription on April 18 and close on April 22. The company has fixed a price band of Rs 10-11 per share for the FPO.
The senior executive highlighted the need to protect investments in the telecom sector, saying telecom is an indispensable and critical pillar of the new economy
Union Telecom and IT Minister Ashwini Vaishnaw said that the spectrum regulatory sandbox will give easy portal-based permission to engineering colleges to test telecom equipment.
The telecom service provider paid Rs 1,760 crore as spectrum usage charge in December 2021 quarter, according to performance indicator report released by the Telecom Regulatory Authority of India (Trai).
At present, only Reliance Jio has acquired 10 Mhz of pan-India frequencies for about Rs 39,000 crore.
While all telecom operators have opted to make payments in 20 annual instalments, Bharti Airtel has paid Rs 8,312.4 crore equivalent to four annual instalments.
In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology.
Adani Data Networks Ltd (ADNL), a unit of Adani Enterprises Ltd, acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band for 20 years in the auction that concluded on August 1.
The bidding price and demand for spectrum in the UP East circle flared up once again on Sunday, after the situation eased a bit on the previous day.
Billionaire Mukesh Ambani's Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani's flagship Adani Enterprises are in the race to bid for 5G spectrum, that offers speeds about 10 times faster than 4G and lag-free connectivity.
The government said that there was no proposal at present with the Telecom Regulatory Authority to raise the revenue sharing rate payable by telecom operators.
The spectrum auction, scheduled to start on July 26, may see aggressive bids for some frequency bands, with the entry of Adani Data Networks and established players Reliance Jio and Bharti Airtel looking to strengthen their hold in the industry.
The conglomerate said its intention is not to be in the consumer mobility space but to build a private network to support all of its operations, including ports, logistics, power generation, transmission, distribution and various manufacturing operations
The government will next month auction about Rs 4.3 lakh crore worth of airwaves capable of offering fifth-generation or 5G telecom services, including ultra-high-speed internet.
The 5G auction and steps outlined for bidding will open up newer avenues for deeper penetration, access and rich user experience, Peeyush Vaish, Partner and Telecom Sector Leader, Deloitte India, said.
The sources told PTI that the Department of Telecom (DoT) is going with Trai-recommended reserve prices to the Cabinet, which will ultimately take a call on these crucial issues related to 5G spectrum auctions.
The Department of Telecom (DoT) had proposed to reserve for BSNL 10 megahertz of paired spectrum -- which means the same quantum of radiowaves for uplink and downlink -- in 600 Mhz band; 40 Mhz in 3600-3670 Mhz band; and 400 Mhz in 24 Ghz band.