Jio calls for lower 5G spectrum base price

Reliance Jio Infocomm has called for a ‘critical look’ at the price of 5G spectrum which need to be revised, else it would delay launch of the next generations networks. The company also urged the government to make airwaves available to telcos in between auctions, at the previously discovered price.

“The prices of 5G spectrum need to be critically relooked at. Higher floor prices will lead to 5G networks being unviable and therefore getting delayed,” Mahendra Nahata, Director on board of Jio said while addressing the inaugural session at the India Mobile Congress on Monday.