The long-awaited 5G spectrum auctions in India will finally be held later this year, as announced by finance minister Nirmala Sitharaman during the Union Budget 2022 session. This development comes after the 5G spectrum auctions were recently delayed and were supposed to take place in April or May 2022. Check out the details here.
The 5G auction in 2022 will allow for the commercial rollout of 5G mobile services, which is expected to be somewhere between this year and 2023 by private telecom service providers such as Jio, Vodafone Idea (Vi), Airtel, among others. Currently, these telcos are conducting 5G trials in India and will have to get a license before deploying 5G networks in India.
Spectrum auctions will be conducted in 2022 to facilitate rollout of 5G mobile services. A scheme for design-led manufacturing will be launched to build a strong ecosystem for 5G as part of PLI scheme: FM @nsitharaman #AatmanirbharBharatKaBudget pic.twitter.com/hVfdzF9jSi— PIB India (@PIB_India) February 1, 2022
The Government of India also aims to make broadband and mobile services easily accessible at affordable prices for rural and remote areas. For this, it will allow 5% of total collections under the Universal Service Obligation Fund (USOF).
