5G auctions: Government may earn up to Rs 1.95 trillion

The government could mop up a maximum of Rs 1.95 trillion through the spectrum auctions which commence on July 26, if earnest money deposit (EMD) made by telecom operators is any indication.

Since the total quantum of spectrum across different bands being put up for auction is 72 Ghz, which at reserve price is worth Rs 4.3 trillion, in the best case scenario the government will be able to raise only half of the total amount on sale. This means a large quantum of spectrum will once again remain unsold.