5G Telecom Services to be rolled out from October this year

5G telecom services will be made available in India from October 2022 onwards. Union Communications Minister Ashwini Vaishnaw has said. The government will allocate the spectrum soon after the end of 5G auction, which will lead to roll out of services in October. Vaishnaw said while addressing a press conference in Mumbai .

Stating that the 5G rollout all over the world has been slow, he said, India will have a much faster rollout of 5G compared to many other nations. He said in case of high pricing for 5G services, the government will intervene and state-owned BSNL will act as a market balancer.

Stating that the 5G rollout all over the world has been slow, he said, We believe that we will probably buck the trend of having a much faster rollout of 5G compared to many other geographies since our other costs are significantly under control.

Vaishnaw said that the government has fetched 1.49 lakh crore rupees from 5G spectrum auction till Saturday and expressed the confidence that this would cross 1.5 lakh crore rupees.

As regards pricing of 5G services, on an average in the world, cost of telecom services is ₹2,400 [per month] while it is around ₹200 per month in India, data cost is lowest in India in the world,” he said without giving any specific number.

He further said that, in case of high pricing for 5G services, the government would intervene and state-owned BSNL, which will rollout 5G “very rapidly”, will act as a market balancer.

Going forward, the 5G spectrum auction is doing well shows that the industry is taking off, the results are very good, he concludes.