DoT may ask Trai to cut prices of 5G spectrum

The department of telecommunications (DoT) is likely to ask the regulator to lower the minimum price for the auction of 5G airwaves, a person directly aware of the development said.

Telecom operators have insisted that the floor price recommended by the Telecom Regulatory Authority of India (Trai) is “unaffordable” and will seriously hamper the introduction of 5G services in India.

DoT will also ask the sector regulator to review the minimum price of the 700MHz band that has remained unsold in the past two auctions, the official said, requesting anonymity.