THE BUZZ NEVER STOPS HERE

Expansion of 5G along with big_ticket investments and a vast base of active users are set to keep the telecom sector's growth engines buzzing

- Ashish Sinha

INDIA’S TELECOMMUNICATIONS industry has firmly established itself as the world’s second-largest with a subscriber base of 1.179 billion as of August 2023, encompassing both wireless and wireline subscribers. The nation’s tele-density stands at an impressive 84.69 per cent, with rural areas showcasing immense potential at 58 per cent, and urban areas soaring at an outstanding 133.55 per cent.

The industry’s commitment to technological leap was underscored by Indian telecom service providers, who completed their 5G rollout obligations across all 22 licensed service areas in just 10 months. This achievement not only positioned India as the second-largest 5G network globally but also exemplified the sector’s alignment with the ‘Digital India’ vision.

Further, the advent of 6G technology marked another milestone for India in the digital frontier. Prime Minister Narendra Modi’s release of India’s 6G Vision document outlined ambitious goals, including a targeted 6G deployment by 2030. High-level panels and the establishment of 6G labs by industry leaders like Nokia and Ericsson signify a collective effort to shape India’s telecom future.

Data Revolution