Telecommunications service operator Airtel on Thursday urged the government not to charge high fees for the allocation of 5G spectrum, saying a faster rollout of the next generation telecommunications network could have more benefits than raising revenue in advance.
Sunil Bharti Mittal, chairman of Bharti Enterprises, which runs the country’s second largest telecommunications company, said there are a variety of applications across sectors ranging from healthcare to video interactions, making 5G a technology to be introduced as soon as possible .
“5G is important and that’s why we continue to urge the government to make the 5G a mediator for hundreds of things we are developing in the country, to keep the spectrum at affordable prices, not to overdo the industry. do not load, “Mr Mittal said during a business conclave.
He argued that instead of spending money on spectrum acquisitions, service providers could invest in faster deployment of the network, which would yield lower-speed connections with lower latency.
“I would say the multiplier impact that a faster, high-speed, low-latency network can have for a country is many times more than can be achieved by picking up some money beforehand,” Mr Mittal added.
In the past, telcos have complained about high reserve prices being a deterrent, and the high cost of spectrum has been cited as one of the reasons why the telecommunications industry has been in a weak financial position over the last few years.