Telecom minister
"Operators will not be given free spectrum even if that were to make me the most popular telecom minister," Prasad said. He declined to comment on reconsidering the proposed price.
"700MHz is the most attractive band to penetrate through thick walls," Prasad said while justifying the reasons for this high price. He also said that he doesn't expect that this decision would allow trading and sharing of spectrum that were approved after the 2015 airwave auctions to come in the way of the upcoming auction. He thinks that the size of the Indian market justifies further investment into the spectrum.
Talking of the other end of the deal, telecom operators have said that the price suggested by the telecom regulator for the auction of 700MHz spectrum is too steep.
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