New COAI chairman urges govt to provide 5G spectrum at reasonable prices

Press Trust of India  |  New Delhi 

Mobile industry body on Monday appealed to the government to ensure that spectrum is made available to all players at "reasonable prices" and pitched for lower levies and taxes to make the sector strong and sustainable.

"spectrum should be made available to all players at reasonable prices such that more investments are directed towards enhancing network capacity and capabilities," Balesh Sharma, new of said at a panel discussion here. Sharma is also the of India's largest

His comments come on a day when newly appointed has said that will hold a mega spectrum auction for and other radiowaves in the next six months and intends to start 5G trials in the next 100 days.

The (Trai) has already recommended auction of about 8,644 MHz of telecom frequencies, including those for 5G services, at an estimated total base price of Rs 4.9 lakh crore, but the financially stressed industry has contended that prices are unaffordable.

"At the current level, the spectrum prices are exorbitant for sure," Sharma said.

The also plans to hold detailed discussion with the financially stressed telecom industry on challenges faced by them and will work on addressing outstanding issues.

"The immediate need to make the telecom sector strong and sustainable. and rationalising taxes and levies," said Sharma.

was named of the Cellular Operators' (COAI) at industry associations' Annual Body meeting on Monday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 03 2019. 21:35 IST