India seems to be set to auction new frequencies to allow local telcos to launch 5G services as the nation’s Minister of Finance and Corporate Affairs Nirmala Sitharaman unveiled plans for an auction later this year.
The official confirmed that operators are expected to launch 5G services commercially in the fiscal year ending March 2023.
“Spectrum auctions will be conducted in 2022 to facilitate the rollout of 5G mobile services within 2022-23 by private telecom providers,” Sitharaman said. The financial minister also announced in her budget speed that a Production-Linked Incentive program (PLI) will launch in order to build a 5G ecosystem within the country.
