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Exclusive: Telecom Secretary: Auctions will end India’s spectrum shortage.

Mega spectrum auction to end India’s spectrum shortage.

Telecom Secretary JS Deepak said that the mega spectrum auction will “finally” put an end to India’s spectrum shortage. Bharti Airtel, Vodafone India, Reliance Jio InfoComm, Reliance Communications, Idea Cellular, Aircel, and Tata Tele will be competing in the massive spectrum auction, which will begin on October 1.

These operators have provided a total of Rs. 14,653 crores in earnest money (EMD). Including additional bands like 700 MHz and 2500 MHz, the government has set a reserve price of Rs 5.66 lakh crore ($85 billion) for a total of 2,354.55 MHz over seven bands.

The lack of global size blocks and the lack of sufficient spectrum have been criticized by the telecom operators as having a negative impact on service quality and efficiency.

“This spectrum, which we’re going to auction, is 2350-megahertz spectrum, giving operators the option to buy and pick what they do not have, to fill the gaps in their bouquet, and it will finally solve the issue of spectrum scarcity in the Indian telecom.”

Deepak did issue a warning, though, that a significant amount of spectrum may remain unsold when the auction is over. There would be a choice which operators would exercise, and the EMDs which they have submitted in this auction offers an indication of where they start the bidding, he added. We’re putting up a lot of spectrums for auction, but it doesn’t imply we anticipate selling them all, he added.

Despite the fact that the 700 MHz band contains the majority of the spectrum up for auction, industry observers predicted that the band would only see a small amount of activity.

The future spectrum auctions, according to ICRA’s most recent assessment, will push the industry’s debt level to almost Rs. 4,70,000 crores.

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Written by Shallu Srivastav

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