homevideos Newstelecom NewsSpectrum band auction: 5G likely in 12 18 months; no need to bid excessively for 4G, says expert
Spectrum band auction: 5G likely in 12-18 months; no need to bid excessively for 4G, says expert
The telecom spectrum auctions for 5G will be rolled out in the next 12-18 months, which means that there is no need for the telecom companies to bid excessively for the 4G spectrum, said telecom expert Rajiv Sharma.
The telecom spectrum auctions for 5G will be rolled out in the next 12-18 months, which means that there is no need for the telecom companies to bid excessively for the 4G spectrum, said telecom expert Rajiv Sharma.
Spectrum auctions kick off today with 2,251 MHz of airwaves up for grabs. The government's valuation for airwaves up for sale is Rs 3.92 lakh crore. Also note, there will be no auction for the 5G spectrum.
Speaking in an interview with CNBC-TV18, Sharma said, “5G should get rolled out before the next general elections, it will suit the narrative of this government. Therefore, keeping that in mind the spectrum auctions for 5G are likely in the next 12-18 months, which means that there is no need for the telecom companies to bid excessively for 4G spectrum.”
“As far as Jio is concerned, they have ‘2G Mukt Bharat’ vision and they may need some more spectrum in the interim if they are successful with their Jio smartphone, which is in the coming, and try to grab more subscribers. So to accommodate that they may need some more 4G spectrum but that will be an interim requirement and if that is coming late then all the 3 telcos (Jio, Bharti, Vodafone Idea) are likely to stick to renewals,” he said.
Watch the video for more
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
(Edited by : Ajay Vaishnav)
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Fight of heavyweights in Sambalpur where farmers, weavers hold the key
May 17, 2024 12:25 PM
Odisha: Fight of heavyweights in Sambalpur where farmers, weavers hold the key
May 17, 2024 10:22 AM
Lok Sabha Election 2024: What rural Delhi wants
May 16, 2024 10:10 PM
Over 50 onion farmers detained in Nashik ahead of PM Modi's visit
May 16, 2024 11:14 AM