‘Rising tariff, moratorium to help telcos in 5G play’
The Hindu
Auction may yield ₹70,000 cr.: Crisil
The recent tariff increase and moratorium on government dues will give telcos room to invest an estimated up to ₹1.8 lakh crore for 5G services, according to rating agency Crisil.
The agency said that after having invested about ₹5 lakh crore over the 2017-2021 period to roll out 4G services, they would now need to invest in the 5G roll-out before reaping returns.
“We foresee investments of at least ₹70,000 crore at the 5G spectrum auctions likely next fiscal — if the bidding is prudent.
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