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5G spectrum auction likely around April to May next year: Vaishnaw

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3 years ago

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5G spectrum auction likely around April to May next year: Vaishnaw

Communications Minister Ashwini Vaishnaw (Ashwini Vaishnaw) said on Thursday that the auction of 5G spectrum may take place around April to May next year. Vaishnaw said that although the telecommunications operator rescue measures announced in September this year marked the first batch of reforms, the government will launch a series of further reforms, “the telecommunications regulatory structure should change in the next 2-3 years.” In his speech at the “Times Now Summit 2021″, the minister stated that India’s telecommunications industry regulation must be based on the best in the world, and added: “Therefore, we will carry out a series of reforms in this area so that the global regulatory benchmark It was realized in India”.

Regarding the timetable for the 5G auction, Vaishnaw pointed out that the Indian Telecommunications Regulatory Authority (Trai), which is in charge of the auction structure, is negotiating on this matter. “I think they will submit the report from February to mid-February, which is exactly what we think, maybe at the end of February, up to March. After that, we will conduct an auction immediately,” he said. Telecommunications (DoT) had earlier hoped to hold a 5G auction before the end of this fiscal year. The Minister added that it is difficult to determine a specific timetable for the upcoming auction at this stage, as it largely depends on the time required for Trai to complete his opinions.

“However, today, our estimate is from April to May. I estimated March earlier. However, I think this needs…because the consultations are complicated and different opinions are coming…” he said. The government is keen to ensure that the auction is technology-neutral and hopes to provide a spectrum that remains consistent for many years to come. “So, 4G can be used in that area, and 5G can also be used. So, this is not just based on short-term thinking, but more like thinking based on at least 5-10 years,” he said. You may remember that DoT approached Trai to seek its advice on pricing, quantum and other modes related to radio waves in multiple frequency bands, as it prepares for 5G spectrum auctions in the coming months.

News Source : Hindustan Times

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Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise

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3 weeks ago

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October 10, 2024

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Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise

Tributes continue to pour in for Ratan Tata, with Virat Kohli and Jay Shah taking to their social media accounts to bid farewell to the industrialist.

Former Indian captain and batting legend Virat Kohli paid a touching tribute to Ratan Tata, the legendary business tycoon, who passed away on Wednesday night. Tata, a Padma Vibhushan recipient, was undergoing treatment in intensive care since Monday but breathed his last in Mumbai, leaving a profound impact on many across the nation.

Kohli expressed his condolences through his Instagram account on Thursday morning, sharing a heartfelt message along with a photo of the late industrialist.

Tata’s contribution to business, society, and philanthropy has been widely acknowledged, and his passing marks the end of an era.

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The Board of Control for Cricket in India (BCCI) secretary, Jay Shah, also conveyed his sorrow, stating, “Deeply saddened by the loss of Shri Ratan Tata Ji. His leadership, integrity, and dedication to society set a remarkable standard for legacy. My heartfelt condolences to his loved ones. Rest in peace, Sir.” Shah’s words reflect the collective grief of a nation that has long admired Tata’s contributions to the country.

BCCI’s tribute

Additionally, the BCCI issued a statement about his demise.

“The BCCI expresses its deepest sorrow and joins the nation in mourning the passing of Shri Ratan Tata ji. His invaluable contributions across diverse fields have been instrumental in shaping India’s growth and success story.

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His extraordinary legacy, founded on the principles of passion, empathy, visionary leadership, innovation, and excellence, will continue to inspire and guide future generations for years to come,” the statement read.

Ratan Tata, born on December 28, 1937, in Mumbai, embarked on his journey with the Tata Group in 1962 as a young executive. Over the decades, he transformed the group into a global conglomerate. His work was acknowledged with India’s second-highest civilian honour, the Padma Vibhushan, in 2008, and he received numerous accolades, including honorary doctorates from prestigious institutions in India and abroad.

Tata is survived by his family, including brothers and sisters Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata, and others, as mentioned in a family statement.

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