Next spectrum auction likely in April-June 2020 - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Next spectrum auction likely in April-June 2020

The sector regulator has suggested a base price for 5G airwaves of Rs 492 per MHz and has proposed a minimum sale of 20 MHz blocks. That would mean a telco having to spend close to Rs 10,000 crore for 20 MHz and Rs 50,000 crore for 100 MHz--rates that the companies have said are exorbitant.

from Industry-Economic Times
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