New Delhi: The Confederation of Indian Industry (CII) has urged the government to keep the base price of 5G spectrum low. The CII says that keeping the base price of such high radiowave can hamper the rapid growth of the telecom sector and make the public distance from telecom services. The Confederation of Indian Industry (CII) has cautioned the Government that since the average revenue per subscriber of telecom companies (ARPU, in the language of industry) is low at present.
Therefore, the participation of Indian telecom companies in the upcoming auction for 5G spectrum could be seriously affected. If the minimum acceptable price of spectrum is high, the participants could be even lower. In a memorandum submitted to the government, the CII has demanded that the price of 5G spectrum be kept low. The spectrum auction is likely to be held in the last quarter of this year.
In the memorandum, the CII said, the Indian telecom sector has gained global recognition due to the growth momentum. Due to low rates in India, telecom services have reached the poor and remote areas. The CII questioned the present system of fixing the price of the spectrum and said that the model of dollar per population in the Indian market is not correct as the value of telecom services is very low while the population is very high.
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