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5G Spectrum Auction to Be Held in Early June, Says Telecom Minister Ashwini Vaishnaw

The government is likely to hold 5G spectrum auction in early June, telecom minister Ashwini Vaishnaw said on Thursday.The minister said that the Department of Telecom is working as per expected timeline and the process is on to resolve industry concerns around spectrum pricing.Asked about the schedule of the spectrum auction, Vaishnaw said that it is expected to be in early June.Setting the stage for the rollout of 5G services, telecom regulator TRAI has mooted a mega auction plan valued at over Rs. 7.5 lakh crore at the…

5G Spectrum Auction to Be Held on Schedule, Says Minister of Communications Vaishnaw

The auction of 5G spectrum will be held on schedule and within the stipulated timeline, Minister of Communications Ashwini Vaishnaw said on Monday.His affirmation comes at a time when telecom regulator TRAI's 5G recommendations on spectrum pricing and other nuances, which were widely expected to come by March-end, have spilled over by a few days to early April.Asked if 5G auction will be held as per schedule, Vaishnaw said, "absolutely".He was speaking to reporters on the sidelines of an event - 2nd national conference on…

Twitter CEO Reassures Employees Company Not Held Hostage by Elon Musk Offer

Twitter Chief Executive Officer Parag Agrawal sought to reassure employees during an all-hands meeting on Thursday that the company was not being "held hostage" by news of Elon Musk's offer to buy the company, a source familiar with the matter told Reuters.As Agrawal took questions from staff that were posted on the company's Slack messaging service, he encouraged employees to remain focused and told them "we as employees control what happens," said the source, who did not want to be identified because they were not…