The Digital Communications Commission, the top decision-making body of the Department of Telecommunications, finalized the base 5G spectrum auction price on Tuesday, as suggested by the Telecommunications Regulatory Authority of India (TRAI).
The Department of Telecom is likely to send the 5G spectrum auction proposal to the Union cabinet for final approval next week, a DOT source said.
The Digital Communications Commission has not changed TRAI’s recommended base price. The Commission will make a recommendation to Cabinet for final approval of the action plan, sources said.
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The DCC has also approved the TRAI recommendation to allow the establishment of a private wireless network or the 5G network for captive use. TRAI has proposed a mega auction plan valued at over Rs 7.5 lakh crore at the base price across multiple bands for radio waves allocated over 30 years.
TRAI recommended the government sell airwaves in all existing bands of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz and new slots of 600 MHz, 3300-3670 MHz and 24 ,25-28.5GHz .
He suggested a lower reserve price for all bands, compared to the last recommended prices in 2018.