Explaining the impact of 5G revolution, Manish Vyas, President, Communications, Media & Entertainment Business, and the CEO, Network Services, Tech Mahindra says 5G presents a significant opportunity for the Indian telecom industry. 5G Network is going to be truly Cloud Native, Software Defined, end-to-end. Not only 5G Core Network, but 5G RAN (Radio Access Network) will also be virtualized and dis-aggregated further.
Further, 5G will present Indian Telcos a unique opportunity to massively boost capacity in their networks and significantly lower cost-per-bit. Together these will enable the Indian Telcos to further meet the latent consumer demand for more data. Also, 5G will create monetization opportunities with hyper-personalized content distribution and even allow monetizing consumer’s micro-moments – delivering content when they want, where they want and what they want.
Above all, the biggest monetization opportunities with 5G will come from B2B. 5G will both be a catalyst for Digital-India and will present growth opportunities for Indian Telcos as well. From Banking to Retail, Media & Entertainment, Healthcare and Agriculture, all major industry verticals will benefit from their own Digital Transformation and this in turn will present Digital Windfall opportunities for the Telcos. Manufacturing in particular comes to mind, with the push to Make-in-India, 5G can accelerate Industry 4.0 revolution in India and meaningfully differentiate the Indian Manufacturing vertical from rest of the global economies.
In a nutshell, 5G will be the transformational tipping point that will drive higher productivity and increase market reach for all the industry verticals and Indian Telcos have much to gain with these transformations.
Globally, mid-band (3.5GHz) spectrum is gaining momentum and it will play a key role in the 5G network rollouts. Further 5G NR (New Radio) will enable Telcos to employ mmWave (24GHz – 75GHz) spectrum in their networks. Indian regulators have a key role on how and when they make 5G spectrum available and under what licensing regimes (licensed, unlicensed, shared etc.). This will play a defining role on how efficiently and quickly 5G networks can be rolled out in India and in turn accelerate the Digital-India dream.