Airtel founder and chairman Sunil Bharti Mittal has praised the central government’s proactive approach to allocating 5G spectrum within hours of payment of the expected dues.
“No fuss, no follow up, no running around the aisles and no tall claims. It’s ease of doing business at work,” Mittal said on Thursday.
“In my first experience of over 30 years with the Department of Telecommunications, this is a first! Business as it should be. Leadership at work – at the top and at the top of telecom. What a change! Change that can transform this nation – a developed nation Give strength to your dreams of becoming a nation.”
Telecom operator Bharti Airtel on Wednesday paid Rs 8,312.4 crore to the Department of Telecommunications for spectrum dues it had acquired in the recently concluded 5G auction. Airtel has paid the dues 4 years ahead of schedule.
Airtel is all set to launch 5G service by the end of this month.
Earlier today, the government said it has issued spectrum allocation letters to telecom service providers, while asking them to prepare for the rollout of 5G services.
Union Minister of Communications, Electronics and Information Technology Ashwini Vaishnav said, “5G update: Spectrum assignment letter issued. TSP was requested to prepare for 5G launch.”
With this spectrum allocation, India is in the final stages of rolling out high-speed 5G telecom services.
What is 5G, and how is it different from current 3G and 4G services?
5G is the fifth generation mobile network capable of transmitting large sets of data at very high speeds. Compared to 3G and 4G, 5G has very low latency which will enhance the user experience in different regions. Low latency describes the efficiency of processing large amounts of data messages with minimal latency.
The 5G rollout is expected to drive further developments in remote data monitoring in sectors such as mining, warehousing, telemedicine and manufacturing.
Who were the participants? The four major participants in the spectrum auction are Reliance Jio, Adani Group, Bharti Airtel and Vodafone Idea.
How much revenue did the government get from the auction?
The DoT received a total of Rs 1.50 lakh crore bids from the recently concluded auction.
The revenue from the auctions was initially estimated to be Rs 80,000-90,000 crore.
5G services are expected to be about 10 times faster than 4G.
– Allocation of spectrum and formal launch of services:
The allocation of spectrum to telecom operators was earlier expected to happen before August 15, and the initial 5G services in the country would start by September-October.
High-speed 5G telecom services are expected to be offered in many cities of the country by the end of 2022.
Adani Group forays into Telecom Sector:
This is the first time that Gautam Adani-led Adani Group, which has recently forayed into the telecom sector, participated in the bidding process for 5G telecom spectrum auction.
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