
To access the high-speed networks, the market is flooded with 5G-enabled smartphones starting at around Rs 15,000.Come October 12, 5G services will commence to roll out in the country. A promise, telecom minister Ashwini Vaishnaw, recently committed to the citizens of India. Given the high spectrum auction and license fee, there is a fear of 5G services being priced at a premium. To this, the minister has assured at Business Today's India@100 Economy Summit, that he will ensure that the prices will remain affordable for the consumers to access 5G. "First of all, it will be a mass proposition. Not only the two private sector telecom service providers, but BSNL will also roll out its 5G in the coming 18 to 24 months for sure," he said.
While speaking at the summit, Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises too confirmed that as consumers will consume more data, therefore they will end up paying a little bit more. "We need to go to $40-50 (tariff) like the western world. Maybe we need to get the $3-4 for 5G services." Mittal also hinted at the possibility of having packs across price points. There can be Rs 100 pack at the low end which a common man can pay for 5G and be connected in a reasonable amount of data. "But people who can pay Rs 500, I don't see any reason why you need to subsidize across the whole bandwidth of spectrum or spectrum of customers," Mittal added.