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Telecom’s condition will change with 5G

The condition of the telecom sector was already bad before the outbreak of the Corona epidemic. The sector dealt with this global epidemic in a very commendable manner. The number of subscribers taking new connections has started increasing, the revenue per customer of the companies has increased and the date of sale of the new spectrum has been fixed by the government.
The most important thing is that the auction land for the 5G spectrum is almost ready. Experts are assuming that the new year will determine the condition and direction of the next decade for the country’s telecom companies.
The report of a research company called TechARC says that the telecom sector was the most important factor in helping the economy overcome the challenges of the Corona crisis. The digital economy handled the situation at the time of lockdown. According to this report, during the period 35% of the country’s economy was running through telecom.
In the first quarter (when there was a complete lockdown), payments through mobile services increased by about 17 percent. The number of telecom subscribers declined in March and April. The number of broadband subscribers was also reduced in April. But circumstances have improved now. 2.5 million new ones in October 2020 customers are made.
The impact of the original mantra of self-reliant India given by PM Narendra Modi is also visible. The line of foreign companies to invest in Reliance Jio is proof that new possibilities have just begun in the Indian telecom sector. There are also indications that Indian companies are gearing up for 5G.

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