Qualcomm Chief: Reserve price of some bands ‘quite high’ in Telecom Spectrum Auction


US-based electronics chip maker Qualcomm has alleged that the price of the spectrum have become high which have been put on the block.

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"We are excited to see the spectrum get into use that we want to make sure that the operators see the value in them…some of the prices…the reserve prices are quite high…so we are very hopeful that spectrum gets sold and gets put into use," Qualcomm's Executive Chairman Paul E. Jacobs said.

From October 1, the country's biggest-ever spectrum auction which is incorporated with radio waves will go on sale for Rs 5.63 lakh crore.

700 Mhz band will be put on sale at worth Rs 4 lakh crore. Talking about the pricing, mostly all telecom analysts have given a silent reply.

"What Qualcomm is going to do is to make sure that we give technology to operators so that they can take that spectrum and generate bids as cheaply as possible so that consumers get the best service at a very low cost," Jacobs said.

Around 2,354.55 megahertz of mobile frequencies include 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz and 2300 Mhz. These radiowaves  which is being put for auction can be used for high speed 4G services.

In the telecom sector, nearly Rs 64,000 crore will be elevated up from the auction of about 2,354.55 Mhz of spectrum and Rs 98,995 crore from various levies.

"We were discussing the opportunities with spectrum …congratulating the Minister on the fact that auctions are upcoming, and Minister was able to harmonise, in particular, the 1800 MHz spectrum…It was all very positive," he said.

"We talked to him about couple of new areas, as well …there is the 60 Ghz, which is a technology that is coming out in the rest of the world as unlicenced technology and it allows, at very high speed, to connect between devices, or from device to a screen…do things where you download multimedia rapidly to devices. That is going to be a very important technology coming out," Jacobs added.

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