Cabinet has approved for 5G Spectrum auction and a total of 72097.85 MHz of Spectrum will be auctioned. Low range ( 600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid range (3300 MHz), High range (26 GHz) will be held in the auction.
The bids will be welcomed till 8th July and the clarifications about the applications can be obtained till June 22nd. The clarifications will be made public on 30th June. Applicants name will be made public on 12th July and final list will be announced on 20th July. Mock auctions will be held on 22nd and 23rd July. The auction will begin by 26th July.
The auction of airwaves will be for the period of 20 years. The speeds that 5G network will offer can be 10 times more than current 4G in India. The speed and range will be high while 3G, 4G will also be available for customers.
Cabinet also given approval for setting up of “Private Captive Networks” that will spur innovation in new-age technologies. Well, soon we might see 5G plans coming up for popular networks soon.