Most telecoms want price reduction in 40GHz spectrum band

Telecom companies have sought a reduction in the reserve price of newly identified high frequency spectrum ranges in the 40GHz band to 50% of its valuation, keeping in mind the higher cost of building terrestrial networks in higher frequency ranges.

They pointed out that the muted bidding seen in the past few auctions should also prompt the regulator to set the reserve price at 50% of the valuation of the spectrum, compared with 70% now.