Budget 2022: India to offer 5G services in FY23, to hold auctions soon, says FM
2 years, 11 months ago

Budget 2022: India to offer 5G services in FY23, to hold auctions soon, says FM

Live Mint  

India’s telecom sector will get a 5G push under the Union Budget with the government focusing on starting 5G mobile services and spectrum auctions in the next fiscal besides a performance-linked incentive scheme for 5G design-led initiatives. This even as the government expects to earn ₹52,806.36 crore from licence fees and spectrum charges in FY23 despite the spectrum auctions, sharply lower than this fiscal’s ₹71,959 crore. Required spectrum auctions will be conducted in 2022 to facilitate rollout of 5G mobile services within 2022- 23 by private telecom providers,” finance minister Nirmala Sitharaman said. “The government’s move to launch a design-led manufacturing scheme as part of PLI will help to position India as a hub for 5G equipment manufacturing and exports,” EY’s Singhal said, noting that it presents potential opportunity for stakeholders since in the next three to four years, the global 5G capex is expected to reach $550 billion, cumulatively.

History of this topic

Telecom war intensifies? Vi reportedly gears up for 5G rollout, plans 15% cheaper than Jio and Airtel
1 week ago
Telcos investment recovery in limbo as tariff hike backfires, price war with satcom services likely in 2025
1 week, 5 days ago
BSNL 4G-5G high-speed services to debut by 2025: TCS assures timely launch
2 weeks, 1 day ago
After Vi, BSNL to launch 5G services soon, intensifies competition for Airtel, Jio
3 weeks ago
Ericsson Bags Airtel 4G-5G Multi-Billion Deal
1 month ago
Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson
1 month ago
Telecom companies looking to boost free cash flow as sector improves: Fitch Ratings
1 month, 1 week ago
India will have more than 270 mn 5G subs by 2024-end, 970 mn by 2030: Ericsson report
1 month, 2 weeks ago
BSNL, Jio, Airtel, Vi users: New telecom rules to improve service from January 1
1 month, 2 weeks ago
Adani mulls surrender of 5G spectrum after more than 2 years of purchase
1 month, 2 weeks ago
Airtel to get new 4G and 5G equipment from Nokia in ‘multi-year, multi-billion’ deal
1 month, 2 weeks ago
Bharti Airtel grants Nokia multi-billion 4G and 5G network expansion deal; aims to strengthen capacity and coverage
Top News
1 month, 2 weeks ago
Nokia wins 5G extension deal from Bharti Airtel for its India operations
1 month, 2 weeks ago
BSNL threatens Jio, Airtel, Vi market dominance, invites tenders for 5G service launch in Delhi
2 months ago
India Is Now Ahead Of US As The 2nd Largest 5G Mobile Market, China Still The Leader
4 months ago
5G Phones Under Rs 8,000 Soon In India
5 months ago
Ep6: Is India prepared for the next telecom revolution? | The Interface podcast
5 months, 2 weeks ago
Budget 2024: Will mobile phones become cheaper in India? | Here's what we know
5 months, 3 weeks ago
Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually
6 months, 1 week ago
5G subscriptions in India are expected to account for more than half of all mobile subscriptions by end of 2029, says study
6 months, 1 week ago
Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads
6 months, 2 weeks ago
Govt earns ₹11,340 crore from Spectrum Auction 2023-24
6 months, 2 weeks ago
Spectrum auction ends in just two days with bids worth ₹11,340 crore
6 months, 2 weeks ago
India to auction ₹96,318 crore telecom spectrum on Tuesday
6 months, 2 weeks ago
Department of Telecom defers spectrum auction to June 25
7 months ago
Jio vs Airtel vs VI for spectrum auction on May 20: Centre sets base price at…
10 months ago
Spectrum auction to start from May 20
10 months ago
DoT to hold spectrum auctions starting 20 May
10 months ago
5G smartphone shipments surpass 2 billion globally in Q4 2023
10 months, 2 weeks ago
DoT goes back on word; Spectrum sale in FY25
10 months, 4 weeks ago
From fishery scheme to telecom spectrum auction, key decisions by Union Cabinet
11 months ago
Minister hopes to complete long-awaited 5G frequency auction before summer
11 months, 1 week ago
93 per cent of Indians expected to adopt 5G connectivity by 2029: Report
1 year, 1 month ago
Bharti Airtel 5G coverage in Tamil Nadu crosses 4.2 million customers
1 year, 1 month ago
Has Lava Blaze 2 democratised 5G for the Indian masses?
1 year, 1 month ago
India’s smartphone market sees flat growth in September quarter
1 year, 2 months ago
5G Budget Phones Are Not Dead In India: Qualcomm To News18
1 year, 2 months ago
After 5G success, India aims to lead in 6G: PM Modi
1 year, 2 months ago
31 million users in India seen upgrading to 5G phones by December: Ericsson survey
1 year, 3 months ago
Indians willing to pay a premium for elevated 5G experience
1 year, 3 months ago
31 mn Indians may upgrade to 5G phones in 2023
1 year, 3 months ago
Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment
1 year, 4 months ago
Independence Day 2023: India Working On 6G Launch, 'Task Force' Created, Says PM Modi
1 year, 4 months ago
Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015
1 year, 5 months ago
Bharti Airtel clears Rs 8,024 crore spectrum liabilities through prepayment
1 year, 5 months ago
No signal from Delhi Metro on plans to provide 5G access underground
1 year, 5 months ago
5G, Cloud To Help India Gaming Market Reach $8.6 Billion By 2027: Report
1 year, 5 months ago
‘India tops Ericsson agenda; country to be future 5G hub’
1 year, 5 months ago
Slow 5G adoption in India due to limited coverage and affordable handset availability
1 year, 6 months ago
L&T Tech, BSNL in deal for private 5G
1 year, 6 months ago

Discover Related