TIL Desk/Business/New Delhi/ Just days after the telecom regulator came out with its recommendations on spectrum pricing and auction modalities, Communications Minister Ashwini Vaishnaw on Thursday said that things are moving “as per schedule” on 5G.
The comment assumes significance as the Indian market is gearing up for the next-generation 5G services, that will usher in ultra high-speeds and spawn new-age offerings and business models.
The 5G spectrum auction is expected to be held in June-July time frame. To a question on TRAI’s recent 5G recommendation, and what will be the next course of action for the Telecom Department, Vaishnaw said: “Things are moving on track, things are moving on 5G as per the schedule.”
The minister, who was speaking on the sidelines of ‘Fincluvation’ event, declined to make any specific observations on the 5G recommendations and said, “Please wait for few more weeks, I think we should be coming up with good solution.”