Jyotiraditya Scindia says no to spectrum auction pitch from Ambani, Mittal

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Jyotiraditya Scindia says no to spectrum auction pitch from Ambani, Mittal - Business Standard

Quick Summary:

In a boost to Elon Musk's Starlink, Communications Minister Scindia has said the spectrum for satellite broadband will be allocated and not auctioned as sought by Indian billionaires Mukesh Ambani and Sunil Mittal.

"Every country has to follow the International Telecommunications Union (ITU), which is the organisation that lays out the policy for spectrum in space or satellites, and the ITU has been very clear in terms of the spectrum being given out on an assignment basis.

The satellite broadband spectrum will however be not given free and sector regulator Trai will fix a price for the resource, he told PTI in a text and video interview.