Indian Government Approves 5G Spectrum Auction – 5G is Coming Soon to India
Union Cabinet of India has approved the 5G spectrum auction proposed by the Department of Telecom (DOT) for the next 20 years timespan and 5G is coming soon to India.
The announcement of the 5G auction is a big milestone in the development of technology and telecom in India. We have come across the 2G, 3G and 4G networks and will now witness the 5G era in India.
So, on what date is the 5G auction going to take place in India? Who will be bidding in this 5G auction and what about Private 5G (captive 5G) allocation? Keep on reading to know the answer to all these questions.
5G Spectrum Auction Date in India
A total of 72 GHz of 5G spectrum will be auctioned from July 26, 2022 which will be valid for the period of the next 20 years.
The Government claims that 5G will be 10 times faster than 4G in India and positively impact the Indian digital economy.
The 5G auction will be conducted online to ensure transparency and accountability. The Government has also said that there is no requirement to make any upfront payment for bidding. And payment can be made in 20 annual installments.
Who Will Participate in the 5G Spectrum Auction in India?
The top telecom companies of India – Bharti Airtel and Reliance JIO will be participating in the 5G auction, but there is uncertainty around Vodafone Idea for the bidding of 5G radio waves as per BofA Securities report, so we have to wait for Vodafone’s move on 5G.
Government Allows Private Captive Network (Private 5G)
The Indian Government has approved setting up the Private Captive Networks (private 5G networks) for companies. It is good news for Indian corporates who wanted to setup their own dedicated 5G network for the organization.
Enabling Private 5G is a great step by the Indian Government to boost Industry 4.0 applications such as M2M, (IoT), artificial intelligence, automotive, healthcare, agriculture, energy and many other sectors.