Why does Ericsson believe that India is completely ready for 5G?
From a consumer perspective, there is high interest for 5G in India with consumers willing to pay a premium for the new 5G capabilities. An Ericsson ConsumerLab report titled ‘Five ways to a better 5G’ found that at least 40 million smartphone users in India could adopt the 5G technology in the first year of the launch. Indian users are willing to pay as much as 50 per cent more for 5G plans, provided they are bundled with new services. Further, with average data consumption per smartphone at 14.6 GB per month, India continues to be the second-highest data-consuming country in the world, according to the Ericsson Mobility Report 2021.
With the market witnessing strong mobile broadband penetration, we believe India is ready for 5G and affordable 5G spectrum needs to be made available to the operators. From a technology perspective, Ericsson is ready for 5G. Our radio system hardware has been 5G-ready since 2015 enabling operators to upgrade to 5G with a remote software installation. We continue to work with our Indian service providers to prepare for the introduction of 5G in India.
What kind of investments would Indian telecom companies need to make for 5G?
It is premature to quantify investments required to rollout 5G in India. However, it is worth highlighting that Indian telecom operators are getting ready for 5G by augmenting their 4G networks to enable seamless transition to 5G. According to our ‘Economic study of enhanced mobile broadband’, evolution to 5G will enable 10 times lower cost per gigabyte than current 4G.
Diese Geschichte stammt aus der October 31, 2021-Ausgabe von Businessworld.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 31, 2021-Ausgabe von Businessworld.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders
