Disconnected pricing-HDmoviesfreedownload

The closure of the much-awaited 5G spectrum auction marks an important technological leap for India. With this, the country is set to join the likes of the US, China, South Korea, the Philippines, Canada, the UK, and some others, which are already on the 5G map. This suggests that before the year ends, at least some big cities in India will experience mobile internet at 10 times the speed of 4G services. The 5G spectrum auction process has generated revenues of more than Rs 1.5 trillion, which is the highest so far in the eight auctions conducted since 2010. However, the latest auction has shortcomings and cannot be termed an outright success. It has failed to trigger a market-led price discovery, which is the essence of an auction. The entire bidding has been pegged at the level of the reserve or base price recommended by the Telecom Regulatory Authority of India and subsequently approved by the government. Even as the regulator had earlier this year lowered the 5G reserve price by 36 per cent from the level set in 2018, it remained steep, inhibiting telcos from buying more.

ALSO READ: Well-poised to usher in 5G revolution in India, says Bharti Airtel



What you get on Business Standard Premium?


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, August 01 2022. 22:26 IST

Leave a Reply

Your email address will not be published.