NEW DELHI: A day after regulator Trai gave recommendations for a mega spectrum auction with a near 40% price cut across some frequencies to spur 5G telephony, the mobile operators refused to show enthusiasm with the proposals, saying they were “disappointed” by the measures and complaining that the reserve prices are “too high”.
Cellular Operators Association of India (COAI), the grouping representing top private operators such as Reliance Jio, Airtel and Vodafone Idea, said that the industry’s plea for a sharper cut in reserve prices was ignored by the regulator as the latter also decided to charge extra for the ten additional years of spectrum that had been approved by the telecom ministry.
