Telecommunications Minister Ashwini Vaishnaw on Thursday asked telecom service providers to prepare for the 5G launch after issuing spectrum allocation letters. In the first, the Department of Telecommunications (DoT) issued spectrum designation letters on the same day that successful radio bidders paid in advance.
Vaishnaw wrote on Twitter: “5G update: Spectrum designation letter. Ask TSPs to prepare for 5G launch”. DoT has received payments of around Rs 17,876 crore from service providers – Bharti Airtel, Reliance JioAdani Data Network and Vodafone idea for the spectrum they won in a recent auction.
5G update: Spectrum designation letter issued. Ask TSP to prepare for the 5G launch.
– Ashwini Vaishnaw (@AshwiniVaishnaw) August 18, 2022
The country’s largest ever telecom spectrum auction received a record number of bids of Rs 1.5 lakh, with Mukesh Ambani’s Jio attracting nearly half of the total wave sold at the asking price. buy 87,946.93 Rs.
Founder and president of Bharti Enterprises, Sunil Bharti Mittal said that his company Bharti Airtel received the spectrum allocation letter within hours of prepayment for DoT.
“In more than 30 years of my first experience with DoT, this is the first! Business as it should be. Leadership in the workplace-Right at the top and at the top of the telecommunications industry. What an accomplishment. Change can transform this country – Drive the dream of becoming a developed country,” Mittal said.
Airtel obtains the 19,867.8 MHz spectrum by securing all-India coverage of the 3.5 GHz and 26 GHz bands and opting to purchase the low and mid band radios for Rs 43,039.63.
“Airtel paid Rs 8,312.4 for spectrum fees and was given an allocation letter for specified frequency bands within hours.
“E-band allocation was delivered with spectrum as promised. No fuss, no tracking, no running around in the hallways and no high demands. It’s easy to do business in the workplace. in its full glory,” said Mittal.
Airtel has said that it will launch its 5G service this month.
While all telecom operators have opted to pay in 20 annual installments, Bharti Airtel paid Rs 8,312.4 equivalent to 4 annual installments.
Reliance Jio made payment Rs 7,864.78 crore, Vodafone Idea 1,679.98 crore and Adani Data Networks 18.94 crore.
Gautam Adani’s team placed a bid worth Rs 211.86 crore for 400 MHz in the unused band to provide public telephone service.
A spokesperson for Adani Group said: “On August 8, 2022, Adani Data Networks Ltd paid Rs 18.9 crore to the Department of Telecommunication (Wireless Planning & Coordination Division).
Senior Vice President of Ficci Subhrakant Panda said the ease, speed and transparency of the 5G spectrum auction process is a direct example of the much-improved ‘Ease of Business’.
Confederation of Indian Industry (CII) says the approval process between central ministries is getting faster and more seamless.
“A series of enabling reforms, aimed at streamlining and digitizing regulatory processes and procedures, have already begun to bear fruit at a fundamental level. Reform measures cover the entire lifecycle. of a business, from initiation to exit, handles all the key components of ease of doing business,” said CII General Manager Chandrajit Banerjee.
PGSham Secretary General Deepak Sood said that India’s ease of doing business, evident in its seamless and fast 5G spectrum auction and allocation, has improved significantly over the past few years.
“A series of reforms, coupled with a transparent regulatory environment under the dynamic leadership of Prime Minister Narendra Modi, have resulted in an EODB, which is gaining attention from domestic and global investors,” Sood said. .
