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Government to conduct 5G spectrum auctions in June: IT Minister

It has been gearing up for the auction since last year.

The government is likely to conduct the auction for 5G spectrum in early June, Minister of Communications Ashwini Vaishnaw told Economic Times in an interview. He added that the Department of Telecommunications (DoT) is sticking to the expected timeline. Vaishnaw informed ET that the government is deliberating the telecom industry’s concerns around spectrum and will come out with a plan to address them. The minister went on to reveal that the Digital Communications Commission is examining the Telecom Regulatory Authority of India's (TRAI) recommendations at present. The Commission is responsible for formulating the policy of DoT for approval by the government, preparing the DoT’s budget, and overseeing the implementation of the government's policy in all telecommunication matters. The spectrum auction will be closely-watched as the telecom industry is reeling under financial distress even as the government looks to bolster revenues, following…

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I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

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