Telecom Minister Ashwini Vaishnaw ask telecom service providers to gear up for the 5G launch post the issuance of spectrum allocation letters. The Department of Telecom (DoT) issue spectrum assignment letters on the same day the successful bidders of radio waves made upfront payments.
Telecom Minister Ashwini Vaishnaw Said :
“5G Update: Spectrum assignment letter issued. Requesting TSPs to prepare for 5G launch,”.
5G update: Spectrum assignment letter issued. Requesting TSPs to prepare for 5G launch.
— Ashwini Vaishnaw (@AshwiniVaishnaw) August 18, 2022
The DoT has receive payment of around Rs 17,876 crore from service providers, Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for the spectrum they won in a recent auction.
India’s biggest ever auction of telecom spectrum receive a record Rs 1.5 lakh crore worth of bids, with Mukesh Ambani’s Jio cornering nearly half of all the airwaves sold with an Rs 87,946.93 crore bid.
Bharti Enterprises founder and chairman Sunil Bharti Mittal said that his company Bharti Airtel receive a spectrum allocation letter within a few hours of making an upfront payment to the DoT.
Sunil Bharti Mittal said :
“In my over 30 years of first-hand experience with DoT, this is a first! Business as it should be. Leadership at work-Right at the top and at the helm of telecom. What a Change! Change that can transform this nation power its dreams to be a developed nation,”.
Airtel acquire 19,867.8 MHz spectrum by securing a pan-India footprint of 3.5 GHz and 26 GHz bands and select purchase of radio waves in the low and mid-band spectrum for Rs 43,039.63 crore.
Sunil Bharti Mittal said :
“Airtel paid Rs 8,312.4 crore towards spectrum dues and was provide the allocation letter for the designated frequency bands within hours. E band allocation was given along with spectrum as promised. No Fuss, No Follow Up, No running around the corridors and No tall claims. This is ease of doing business at work in its full glory,”.
Airtel has said that it will launch the 5G service this month.
All telecom operators have opt to make payments in 20 annual instalments, Bharti Airtel paid Rs 8,312.4 crore equivalent to four annual instalments.
Reliance Jio has made payments of Rs 7,864.78 crore, Vodafone Idea Rs 1,679.98 crore and Adani Data Networks Rs 18.94 crore.
Gautam Adani’s group has place bids worth Rs 211.86 crore for 400 MHz in a band that is not use for offering public telephony services.
Adani Group spokesperson said :
“On 8th August, 2022, Adani Data Networks Ltd made a payment of Rs 18.9 crore to the Department of Telecommunications (Wireless Planning & Coordination Wing). This is the first of 20 equal annual instalments,”.
Ficci Senior Vice President Subhrakant Panda said the ease, speed and transparency of the 5G spectrum auction process is a live example of much-improve ‘Ease of Doing Business’.
Confederation of Indian Industry (CII) said that approval processes across central ministries are getting speedier and more seamless.
CII Director General Chandrajit Banerjee said :
“A series of facilitative reforms, aimed at rationalisation and digitisation of regulatory processes and procedures, have started yielding results at the ground level. The reform measures encompass the entire life cycle of a business, from start to exit, dealing with all crucial components of ease of doing business,”.
Assocham Secretary General Deepak Sood said that India’s ease of doing business, as explicitly evident in the seamless and expeditious auction and allocation of the 5G spectrum, has improve significantly in the last few years.
Deepak Sood said :
“A series of reforms, coupled with a transparent regulatory environment under the dynamic leadership of Prime Minister Narendra Modi, has resulted in an EODB, which is being noted by global and domestic investors,”.
