Auctioning of 5G spectrum in June
By MYBRANDBOOK
The government will hold 5G spectrum auctioning in June 2019 and the first commercial network on the next generation technology will be rolled out by next year in the country, Aruna Sundararajan , Telecom secretary and chairman telecom commission said.
The government will hold 5G spectrum , 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 , she said 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 start-up 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 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 are 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. In the same occasion K Aalagesan, Chairman and MD of ITI and R M Agarwal, director (Marketing) were also present in the occasion.
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