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Aruna: First 5G spectrum auction in June 2019

By Indian Mandarins- 27 Jan 2019
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The Telecom Ministry is organizing itself to hold the first 5G spectrum auction in June 2019 and the first commercial network on the next generation technology will be rolled out by next year in the country.  

Addressing media persons at the Indian Telephone Industries’s (ITI) manufacturing unit in Kanjikode on Saturday, telecom secretary and chairman of telecom commission Aruna Sundararajan said that the Telecom Regulatory Authority of India (Trai) has given its recommendations for the spectrum auction.

“It will be a unique project and our plan is to develop 5G capabilities on our own without importing them like we did with the previous spectrums. In fact, we have even started working on the development of 6G spectrum,” she said.

“ITI has tied up with 13 startup companies in Bengaluru for design and manufacturing of the 5G chips. We will make the ITI units the hubs for research and development. The ITI has also signed a memorandum of understanding with IITs to develop new technologies and update the existing ones,” the telecom secretary said. 

She said the ITI, which was started in 1948, made a profit of Rs 102 crore after 16 years and now all its six units at Bengaluru, Rae Bareli, Mankapur, Naini, Palakkad and Srinagar were making profit.

The Palakkad unit, which has been running well for the past 23 years, made a profit of Rs 45 crore in the past fiscal. The ITI boasts of an all-time high order book of Rs 15,000 crore and it is expected to reach Rs 25,000 crore by 2020.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.