India may give telcos a break on 5G spectrum price

The Indian government is considering lowering the reserve price for 5G spectrum in the auction it is due to hold later this year, it emerged this week.
Details are scant at present, but any break on price would be great news for the country’s mobile operators, which have long complained about the amount they have to shell out for airwaves.
An unnamed Bloomberg source said the state will reduce the base price in an attempt to encourage operators to take part in the sale, as well as to speed