5G spectrum price is pretty reasonable: Trai’s R.S. Sharma

Barcelona: The reserve price of 5G spectrum recommended by the Telecom Regulatory Authority of India (Trai) is “pretty reasonable” and it is up to the government to decide when to hold an auction, Trai chairman R.S. Sharma said on Wednesday. “We have given the reserve price recommendation and we stand by that,” Sharma said on the sidelines of the Mobile World Congress 2019 (MWC 2019) in Barcelona.

This comes a day after Bharti Airtel chairman Sunil Mittal said the 5G spectrum price recommended by Trai was “unacceptable” and it would not buy 5G spectrum at that price. Mittal had also said that taking the price of renewal spectrum bought by operators in the last auction as a base for future auctions was not logical, Mint had reported on Tuesday.