India covid-19 outbreak 2020 India

5G rollout cloudy but telcos remain upbeat

Reading now: 700
www.livemint.com

Despite many difficulties, the larger telecom ecosystem feels rising demand will keep the 5G discussion going India’s 5G roll-out remains under a cloud with the covid-19 outbreak compounding the problems faced by the already stressed telecom sector.

Bharti Airtel Ltd and Vodafone Idea Ltd have said they will not participate in the 5G auctions at such high prices. Ratings agency Fitch said that telcos do not have the financial capacity to go for it. “A 5G spectrum auction looks increasingly improbable in 2020 in light of incumbent telcos’ limited financial flexibility, a high base price of $7 billion for pan-India 5G spectrum in 3.3GHz-3.6GHz bandwidth and a limited business case for 5G, when 4G penetration is only around 50%." However, the

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA