For some time, it was looking as if India’s 5G spectrum auctions would take place by the end of this year. However, high spectrum prices continue to throw a wrench in India’s 5G timeline. Rakesh Bharti Mittal, vice-chairman of Bharti Enterprises, had stated that the reserve price of 5G airwaves suggested by the telecom regulator “is seven times higher than global peers.”
Jio director Mahendra Nahata and Vodafone Idea CEO Balesh Sharma have expressed similar perspectives.
