The Real Kashmir  News
No Result
View All Result
  • Home
  • Kashmir
  • Politics
  • National
  • Pride of Kashmir
  • Opinion
  • Culture and Tourism
  • More
    • Kashmir Terror Archives
    • International
    • Health
    • Fact Check
    • Geo Politics
    • Aqeedat
    • Business
    • Technology
    • Editors Pick
    • Urdu Tajzia
    • Bollywood
    • Sports
    • Environment
  • Login
  • Home
  • Kashmir
  • Politics
  • National
  • Pride of Kashmir
  • Opinion
  • Culture and Tourism
  • More
    • Kashmir Terror Archives
    • International
    • Health
    • Fact Check
    • Geo Politics
    • Aqeedat
    • Business
    • Technology
    • Editors Pick
    • Urdu Tajzia
    • Bollywood
    • Sports
    • Environment
No Result
View All Result
The Real Kashmir  News
No Result
View All Result
Home Technology

5G Services in India to Attract Rs. 1.5 Lakh Crore in Investments in 2023: Report

News Desk by News Desk
December 30, 2022
A A
5G Services in India to Attract Rs. 1.5 Lakh Crore in Investments in 2023: Report
0
SHARES
0
VIEWS
Share on Facebook

From connecting people with 5G services to lowering the cost of operations, the country’s revitalised telecom sector is witnessing the bloom of reforms, and is set to attract more than Rs 1.5 lakh crore investments to build up networks in the new year.

RELATED POSTS

Reliance Jio announces launch of ‘True 5G’ services across 50 cities

72 Indian cities have now access to Jio 5G services

Prime Minister’s vision for 2023 is mobile phone exports exports of Rs 1 lakh cr: R Chandrasekhar

Once the poster boy of India’s growth story, then a debt-laden segment that saw many players withering away and now riding the wave of reforms as well as big-ticket investments, the telecom sector turned a new chapter in 2022.

While the Adani group is yet to unveil its full-fledged plan for the telecom business, Reliance Industries Chairman Mukesh Ambani has committed Rs. 2 lakh crore investment for rolling out a 5G network across the country by December 2023.

“It has been an exciting year because of the launch of 5G, a much-awaited technology for 4-5 years. This is a big step forward. We look forward to a robust rollout of 5G next year because this year is just the beginning.

“We are all working on use cases. We are telling state governments, ministries, startups and innovators to come out with innovative use cases in the Indian context, which will unlock businesses and will also solve some public problems, some challenges,” Telecom Secretary K Rajaraman told PTI.

He also said the government will continue to take measures that will lower the cost of operations for telecom operators, a move that will result in higher margins for the sector, which had been reeling under a debt burden for more than a decade.

Reliance Jio has committed Rs 87,946.93 crore for the spectrum that it has to pay over a period of 20 years, leaving a balance of Rs 1.12 lakh crore. While the company had invested a partial amount in building its own 5G core, it will invest the majority of the Rs 1.12 lakh in capex for 5G in 2023, according to sources.

Bharti Airtel is expected to invest in the range of Rs 27,000-28,000 crore and state-owned BSNL around Rs 16,000 crore in 2023 for rolling out an indigenously developed 4G network by TCS and C-DoT-led consortium. Later, the system will be upgraded to 5G.

Together, investments worth more than Rs 1.5 lakh crore are expected in the telecom sector.

COAI Director General SP Kochhar said the structural and procedural reforms in the telecom sector approved by the government last year such as e-KYC, doing away with Spectrum Usage Charge (SUC) for spectrum acquired in a future auction, 100 per cent FDI under the automatic route as well as rationalisation of bank guarantee, Adjusted Gross Revenue (AGR), interest rates and penalties, and facilitating Right of Way (RoW) have positively impacted the sector in 2022.

Digital Infrastructure Providers Association Director General TR Dua said that most state governments have followed reforms led by the Centre and came up with telecom infrastructure-friendly policies this year.

Recently, Minister of State for Telecom Devusinh Chauhan informed Parliament that telecom operators are installing on an average of 2,500 base stations per week for providing 5G services in the country and 20,980 mobile base stations were installed as of November 26.

Telecom gear majors — Nokia and Ericsson — have ramped up their manufacturing in India. The government has also received investment commitments of Rs 4,115 crore from 42 firms shortlisted under the Production Linked Incentive (PLI) scheme for making telecom gears.

Nokia said it is witnessing the world’s fastest rollout of the 5G network in India.

“In 2023, we hope to see continued government support in enabling the digital ecosystem to truly tap the benefits of the socio-economic applications of 5G technology. 2023 is also expected to witness wider adoption of private networks by enterprises and businesses for enhanced efficiency and security,” a Nokia India spokesperson said.

Ericsson’s MD, India & Head of Networks, Southeast Asia, Oceania and India, Nitin Bansal said that enhanced Mobile Broadband (eMBB) and Fixed Wireless Access (FWA) are expected to be the initial 5G use cases in India. This technology will help to bridge the digital divide by addressing the concern of limited fixed broadband penetration levels and improving the data experience while on the move.

Tech Mahindra President, Communications, Media and Entertainment Business, and CEO, Network Services, Manish Vyas said 5G will be used to develop revolutionary applications and innovative use cases in industries, such as manufacturing, healthcare, BFSI, and autonomous driving.

“We see 5G for Enterprise (5G4E) as our next growth strategy, and we are already doing multiple pilots on it across the world,” he said.

IDEMIA India, Senior Vice President, Rahul Tandon said as India ushers in 5G connectivity it opens up many new capabilities to enhance productivity and safety of not only online transactions but Machine2Machine (M2M) transactions as well.

While telecom operators are investing billions in building a 5G network, a senior Airtel official said there are no applications as of now that can help companies monetise 5G.

“5G is helping in offloading traffic from the 4G network. 5G is a very efficient and better technology but at present the applications like video, gaming etc are working well on 4G. We are yet to see any applications that can specifically help in monetising 5G,” the official said.

He also said the company expects growth to come from customers upgrading their service from 2G to 4G, pre-paid to post-paid and post-paid to home broadband, and tariff hikes.

The annual tariff hike by telecom operators — Bharti Airtel, Vodafone Idea and Jio — in the range of 18-42 per cent has brought the companies a sustainable level of Average Revenue Per User (ARPU) situation in 2022.

Vodafone Idea had taken lead in November 2019 to raise mobile services rates by up to 42 per cent. Bharti Airtel and Reliance Jio followed VIL in raising tariffs.

The tariff hike in 2019 was after a gap of about five years. The data prices had nosedived by 95 per cent to Rs 11.78 per GB in 2017 from Rs 269 per GB in 2014.

Bharti Airtel is running a pilot to increase its entry-level mobile plan by about 57 per cent. The company has increased the minimum recharge price for a 28-day mobile phone service plan by about 57 per cent to Rs 155 in Haryana and Odisha.

A company official said it will take a look at the result of the tariff increase in another six weeks to decide on hiking the tariffs across India.

While VIL has been able to sail through 2022, the year 2023 is likely to be a make-or-break year for the company as the debt-ridden company awaits the government to pick around 33 per cent stake under the scheme to convert interest dues into equity.

A note by JM Financial in October 2021 said that VIL will need to have an APRU of at least Rs 190-200 by March 2023 to survive but the company is far from the mark and is struggling to check subscriber churn.

ShareTweetSendShareShareSend
Previous Post

Will Not Compromise On National Security For Good Relations With Our Neighbours: Rajnath

Next Post

No plans of India-Pakistan Test series anywhere: BCCI sources

News Desk

News Desk

The Real Kashmir News is Online News Portal which provides News Updates from across the world.Real Kashmir News also do Fact Check on Kashmir.

Related Posts

Reliance Jio announces launch of ‘True 5G’ services across 50 cities
Technology

Reliance Jio announces launch of ‘True 5G’ services across 50 cities

January 24, 2023
72 Indian cities have now access to Jio 5G services
Technology

72 Indian cities have now access to Jio 5G services

January 6, 2023
Prime Minister's vision for 2023 is mobile phone exports exports of Rs 1 lakh cr: R Chandrasekhar
Technology

Prime Minister’s vision for 2023 is mobile phone exports exports of Rs 1 lakh cr: R Chandrasekhar

January 2, 2023
Airtel launched 5G services in Jammu, Srinagar.
Technology

Airtel launched 5G services in Jammu, Srinagar.

December 28, 2022
IT Ministry extends deadline for feedback on Digital Data Bill to Jan 2
Technology

IT Ministry extends deadline for feedback on Digital Data Bill to Jan 2

December 17, 2022
Not China but Chennai; Apple starts manufacturing of iPhone 11 in India
Technology

Tata group plans to open 100 stores across the country that will only sell Apple products

December 12, 2022
Please login to join discussion

LATEST NEWS

Senior BJP Leader Sajid Yousuf Shah Visits SDH Sogam and NTPHC Lalpora

187 militants killed in J&K in 2022: Govt

BJP conducts an intellectual meet on “Budget Pe Charcha” in Kupwara

Mehbooba Mufti detained during protest against J&K anti-encroachment drive

Militants Involved In Dhangri Attack Hiding In Rajouri Hills, Says Police

Dry weather likely in J&K during next 24 hrs

BSF shoots drone along Punjab border; falls in Pak territory

Death Toll In Turkey, Syria Earthquakes Rises To Nearly 8,000

Four drug peddlers arrested in Pulwama 

“Was Once Put In Jail For Hoisting Tricolor In J&K, Today No Such Restrictions”, Says Anurag Thakur

ADVERTISEMENT

About

THE REAL KASHMIR news was founded in Srinagar, with a vision to promote positive news from the Kashmir valley. Covering first hand, all categories of news from different corners of Jammu and Kashmir as well as relevant national and international news stories. The real Kashmir is dedicated to providing unbiased stories that ‘NEED TO BE TOLD’….

News By Topic

  • Aqeedat
  • Bollywood
  • Business
  • Covid19 Updates
  • Culture and Tourism
  • Editors Pick
  • Environment
  • Fact Check
  • Geo Politics
  • Health
  • International
  • Jammu
  • Kashmir
  • Kashmir Terror Archives
  • Ladakh
  • National
  • National Security
  • Opinion
  • Photo of the Day
  • Politics
  • Pride of Kashmir
  • Science
  • Social
  • Sports
  • Technology
  • Travel
  • Urdu Tajzia

Company Info

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy

© 2023 - The Real Kashmir News

No Result
View All Result
  • Home
  • Kashmir
  • Politics
  • National
  • Pride of Kashmir
  • Opinion
  • Culture and Tourism
  • Kashmir Terror Archives
  • International
  • Health
  • Fact Check
  • Geo Politics
  • Aqeedat
  • Business
  • Technology
  • Urdu Tajzia
  • Bollywood
  • Sports
  • Environment

© 2023 - The Real Kashmir News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In