TRAI recommends a 36 per cent reduction in the base price of 5G spectrum band

The Telecom Regulatory Authority of India (TRAI) has recommended a 35-36 per cent reduction in the base price of the 5G spectrum band (3300-3670 MHz band) to Rs 3.17 billion on a pan-Indian basis from the Rs 4.92 billion that TRAI suggested in 2018. As per the press release, TRAI mooted a mega auction plan valued at over Rs 7.5 trillion at the base price ac­ross multiple bands for radio waves allocated over 30 years. Overall, TRAI re­commended about a 39 per cent reduction in the reserve price for the sale of spectrum for mobile services, including the latest 5G offering.