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The rationale of insisting on auctions, as the Supreme Court did in its 2G-case ruling, has weakened as technology and global norms have evolved. The 2G muddle was value destroying. Indian laws should offer clearer guidance to regulators.
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The battle lines are clear--satellite companies plus telco Bharti Airtel champion allocation; phone companies Reliance Jio and Vodafone Idea demand auctions. Its down to the telecom regulator to take a call, based on which DoT has to decide which way India will go, reports Kalyan Parbat
5g Spectrum: The ball is now in the court of the telecom regulator, which recently concluded an intense consultation process, culminating in a marathon open-house discussion on July 14 that lasted almost 12 hours with about 30 speakers from across the world pressing their views.