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Telecom Firms Likely To Launch 5G Mobile Service In 2022-23: Minister

by DNB ind News Desk
July 27, 2022
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Telecom Firms Likely To Launch 5G Mobile Service In 2022-23: Minister
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Telecom service providers are likely to launch 5G mobile service in the current financial year 2022-23, Minister of State for Communications said.

s66scqco 5g spectrum auction 625x300 15 June 22

New Delhi: Telecom service providers are likely to launch 5G mobile service in the current financial year 2022-23, Minister of State for Communications Devusinh Chauhan said on Wednesday.

“The Department of Telecommunication vide notification dated June 15, 2022, has already initiated the process of Auction of Spectrum in 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 GHz Bands which includes the Spectrum required for the launch of 5G Services,” Mr Chauhan said in a written reply to a question in Lok Sabha, Chauhan.

On Tuesday’s first day of the auction, the Department received total bids worth ₹ 1.45 lakh crore.

Mr Chauhan said the Department of Telecommunications had amended the guidelines for the Production Linked Incentive (PLI) scheme for manufacturing of telecom and networking products to facilitate design-led manufacturing of 5G products in the country.

One of the amendments is related to providing a 1 per cent higher incentive for products qualifying the design-led criteria.

The application window opened on June 21, 2022, until August 5, 2022. In addition to existing PLI beneficiaries, 26 National/ Multinational companies have shown their interest as of July 21, 2022, the minister said.

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