- 13 Apr 2022
- ICICI Securities
COAI urges Trai to revisit recommendation
News: The Cellular Operators’ Association of India (COAI), an apex industry body, in a statement, said it is disappointed by Trai recommendations on 5G spectrum bands as pricing is still high. They have urged Trai to revisit the recommendation to lower the spectrum pricing, do away with 1.5x multiple for 30 years and mandatory roll out obligations
Views: We believe that given the strongly worded response by the industry body, the participation in 5G spectrum may be low. DoT response, which will take a final call on the recommendation, will be the key monitorable ahead
Impact: Neutral