The much-awaited auction for telecom spectrum, including for 5G airwaves, will begin this week from Tuesday. However, analysts do not anticipate aggressive bidding, given sufficient availability of spectrum and limited participants.
A total of 72,097.85 MHz (or 72 Ghz) of spectrum with a validity period of 20 years will be put on the block during the auctions that are to begin on July 26. Airwaves across Low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz) and High (26 GHz) frequency bands, worth at least ₹4,316 billion ($56 billion) will be put up for bidding.
