Airtel Not Ready For 5G Launch & May Stay Away From 5G Spectrum Auction.harti Airtel has shown distaste for participating in any early spectrum sale of 5G airwaves citing that there is not the right kind of ecosystem present in India currently to support 5G. Bharti Airtel’s leadership spoke in an analyst meet and clarified its stance on the 5G spectrum auction saying that the technology is three to four years away and it would not be in the company’s best interest to invest in very expensive 5G airwaves without the presence of potential use-cases and devices ecosystem.Airtel is resting its focus on winning the 4G game right now, despite Reliance Jio’s mammoth entry into the market. The firm also noted that this move is going to be in favour of Bharti Airtel since it has got its investors’ backing, thus ensuring the availability of funds if it wants to take on the competition. Airtel feels, the telecom industry which is laden with Rs 7 lakh crore of debt is not ready for the 5G spectrum auction, which is the reason why the sale is not likely to happen anytime soon. Bharti Airtel and Reliance Jio are polar in regards to this issue since Reliance Jio has publicly agreed with the starting prices for the 5G airwaves suggested by the telecom regulator. However, Airtel has asked that the auction date be pushed back and has also objected to the asking price for the airwaves. On the other hand, Bharti Airtel is pursuing the sale of 4G airwaves only in the FY 2019.
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Science & Technology | Upload TimePublished on 21 Nov 2018 |
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