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India plans 5G auction in June as market starts to stabilize

The Indian government plans to kick off its 5G auction in June, with the goal of seeing the first commercial 5G services in the country during 2020. And while the MNOs may still be suffering from debt mountains and the disruptive presence of new entrant Reliance Jio, there are strong signs that they are rising to the challenge of new competition now. They are still complaining that they need a longer wait for the auction – to refill their coffers, after the high costs of serial 4G spectrum sales, and to get some return on that LTE investment. So far, only Jio and Bharti Airtel had signed up to take part in the auction, risking a damp squib for Indian…

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