The central government will, on Tuesday, start the biggest spectrum auction of airwaves capable of offering fifth-generation or 5G telecom for ultra-high-speed internet, which will pave the way for 10 times faster services. Four applicants will participate in the bidding race.
The bidding which started at 10 am will continue till 6 pm and will carry over into the next day, if there exists a demand for spectrum and bidders are putting in bids.
While the idea of private firms getting telecom spectrum for their own networks is welcome, it should not end up priced in a way that would put incumbents at an unfair disadvantage