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5G auction process echoes govt’s proactiveness in ‘Ease of Doing Business’

The recently concluded auction of the 5G spectrum echoed the robustness and confidence of the telecom sector as well as the proactiveness of the government when it comes to ‘Ease of Doing Business’, said industry body FICCI.

“The 5G auction process was one of the smoothest, fastest, and most efficient spectrum allocation processes,” it said in a statement hours after the spectrum for 5G was allocated to the telecom operators.

The government on Thursday issued spectrum allocation letters to telecom service providers while asking them to prepare for the rollout of 5G services.

“5G Spectrum assignment letter issued. Requesting TSPs to prepare for 5G launch,” Union Minister for Communications, Electronics and Information Technology, Ashwini Vaishnaw said.

With this spectrum allotment, India is in the final stage of rolling out high-speed 5G telecom services.

“The ease, speed and transparency of the 5G spectrum auction process is a live example of much-improved ‘Ease of Doing Business’, thanks to attention from the highest levels of Government on bringing about real
change,” said Subhrakant Panda, Senior Vice President at FICCI.

Panda further said the mobile industry is expected to play a vital role in India’s vision to be a USD 5 trillion economy by 2025, of which USD 1 trillion will be the sole contribution from the digital economy segment. SMEFutures

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