The telecom industry is split on the government’s call to hold 4G and 5G spectrum auctions in 2019, in all likelihood without lowering the prices that the regulator had suggested.
While Bharti AirtelNSE -1.00 % and Vodafone Idea have called the 5G spectrum prices “exorbitant” and called for them to be lowered, new entrant Reliance Jio Infocomm is believed to be backing the rates and the auction timing.
