A higher price will yield the government more revenues at a time when it is short of sources to raise money. But so can a higher base price. Previous auctions have shown that no matter how attractive the prospects for a relatively high-margin service like 5G, firms are willing to return empty-handed if the base price is too high. Unsold spectrum helps none3.Why does the government want a higher base price? This ecosystem needs 5G services.

Source: Mint June 10, 2019 19:07 UTC