Telcos reluctant to bid for 5G spectrum on concerns of high prices, low quantum: COAI

Adding to the growing chorus for lowering of Trai-recommended rates, industry body COAI on Tuesday said its member companies have indicated reluctance in picking up 5G spectrum in the upcoming government-organised sale of radiowaves, concerned over high prices and less-then-adequate quantum.

Cellular Operators’ Association of India (COAI) Director-General Rajan Mathews said there could be some takers for 4G spectrum in the auctions, which the government hopes to conduct in the current financial year.

“In spectrum auctions, for sub-1GHz, it is possible that someone might want to pick up some spectrum for 4G but 5G pricing is still the main challenge. Our members have indicated that at the current prices, it does not make sense to invest this kind of money,” Mathews told PTI.