TRAI Recommends 36 Percent Cut in Reserve Price for 5G Spectrum Frequencies in India
Telecom regulator TRAI on Monday recommended a 35 percent cut in the reserve price for prime 5G spectrum frequencies in 3300-3670MHz band, at Rs. 317 crore per MHz. Releasing its much-awaited recommendations, TRAI said that all available spectrum in the existing bands of 700MHz, 800MHz, 900MHz, 1800MHz, 2100MHz, 2300MHz, 2500MHz and the new spectrum bands of 600MHz, 3300-3670MHz and 24.25-28.5GHz, will be put to auction."To provide flexibility to the telecom service providers, block size of 10MHz for 3300-3670MHz band and…