“CONSUMER EXPECTATIONS WILL BE REWRITTEN WITH 5G”
Businessworld|February 09, 2022
STL is among the leading Indian companies involved in 5G technology and has set up an endto-end 5G ecosystem with its strong portfolio of optical fibres and wireless technology. ANKIT AGARWAL, Managing Director, STL tells ASHISH SINHA of BW Businessworld how STL is powering the upcoming 5G revolution and much more. Excerpts:
ASHISH SINHA
“CONSUMER EXPECTATIONS WILL BE REWRITTEN WITH 5G”

What, according to you, is the ground reality of 5G readiness? How much has the needle moved on 5G?

So far, India has made significant progress towards 5G readiness. The telecom and technology industry are working together to build a robust ecosystem -- localisation of 5G standards, development of in-house technology and equipment for 5G and local use cases that will lead to the success of 5G in India. Equipment manufacturers and network solution companies are continuously engaging in network development and will continue even as the country awaits the availability of 5G spectrum. Telcos such as Airtel, Jio, and Vodafone Idea have begun 5G trials.

With data consumption in India poised to reach 109 million TB in 2022, faster fiberisation is the need of the hour. Therefore, in the next one year, we can expect an accelerated rate of fiberisation to connect rural India to the upcoming 5G services. As per the National Broadband Mission, we can expect around 2 million km of optical fibre to be installed country-wide, covering 70 per cent of the nation’s towers by 2024.

The government approved 31 companies comprising 16 medium and small enterprises (MSMEs) and 15 non-MSMEs (eight domestic and seven global companies) under the telecom PLI scheme, and STL Networks is included in the MSME companies. This scheme will create global champions in the country, who have the potential to grow and scale up by using cutting-edge technology. Through this, India can penetrate global value chains.

What has been/will be STL’s role in moving the needle on 5G?

This story is from the February 09, 2022 edition of Businessworld.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the February 09, 2022 edition of Businessworld.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESSWORLDView All
Gauging Trumponomics For India
BW Businessworld

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

time-read
2 mins  |
November 16, 2024
Reflections on Consciousness and Creation
BW Businessworld

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

time-read
2 mins  |
November 16, 2024
MORE TAKE TO DRIVING IN STYLE
BW Businessworld

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

time-read
4 mins  |
November 16, 2024
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
BW Businessworld

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.

time-read
2 mins  |
November 16, 2024
An ENRiching Outlook
BW Businessworld

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

time-read
2 mins  |
November 16, 2024
Paving the Path to a Sustainable Future
BW Businessworld

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

time-read
2 mins  |
November 16, 2024
LEADERSHIP TRANSITION AT XIAOMI INDIA
BW Businessworld

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

time-read
3 mins  |
November 16, 2024
WEAVING SUSTAINABILITY
BW Businessworld

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

time-read
1 min  |
November 16, 2024
FORCE FOR GOOD
BW Businessworld

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

time-read
1 min  |
November 16, 2024
REIMAGINING TOMORROW
BW Businessworld

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

time-read
1 min  |
November 16, 2024