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Birla ready to give up on Vodafone Idea, TRAI against floor pricing, more
- Tuesday | 3rd August, 2021
In his letter, Birla reiterated the need for urgent measures from the government, including the floor pricing regime. Interestingly, the Indian telecom regulator has rejected the demand by the telecom operators, especially Vodafone Idea, for fixing a floor price for voice and data tariffs. Indian telecom operators had previously told the government that the base price for 5G spectrum in the mid-band and the 700 MHz band is too high. They have already warned that the upcoming 5G spectrum auction could fail if the Indian government doesn’t reduce the base price for spectrum earmarked for high-speed internet services. The Indian IoT market is expected to grow at a CAGR of 8.8% by the year 2023.
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