COAI's statement expressing disappointment on 5G auction pricing is the view of industry: Sunil Mittal

The Cellular Operators' Association of India (COAI) is an apex industry body and its members include Bharti Airtel, Reliance Jio, and Vodafone Idea. In a statement, COAI said it is disappointed by TRAI recommendations on 5G spectrum bands. The spectrum pricing recommended by TRAI is too high, it said.

"Throughout the consultation process, the industry had presented extensive arguments based on global research and benchmarks, for a significant reduction in spectrum prices.

"Industry recommended 90 percent lower price, and to see only about 35-40 percent reduction recommended in prices, therefore is deeply disappointing," the association said.