5G to Generate USD 27 Billion for Indian Telecom Operators by 2026

5G to Generate USD 27 Billion for Indian Telecom Operators by 2026”

5G will bring a new level of performance and characteristics to the telecom networks enabling new services and creating new ecosystems.

Mirtillo said the company is committed to the Indian market.

The Indian government is planning to sell 5G spectrum during the next year to mop up more revenue.

But with Indians consuming more data, Ericsson which has a dominant presence in the equipment space in India is confident that the move to 5G will happen, and future spectrum auctions and the availability of 5G-compatible devices along with consumer demand for faster speeds will drive the technology. "New revenue streams will open for operators as they go beyond being Connectivity and Infrastructure providers to become service enablers and service creators", Nitin Bansal, managing director of Ericsson India, told ANI.

Other technology innovations presented in the showcase included advancements in Radio Network Evolution, 5G Ready Transport and Network Slicing.

In India, Ericsson has partnered with Bharti Airtel for bringing 5G technology to India.

He said that the technology exhibit at Ericsson Connect 2017 also featured 5G use cases and live demonstration of essential technologies on the road to 5G like Gigabit LTE (1 GBPS download speeds) with License Assisted Access (LAA) technology. "The largest opportunity will be seen in sectors like manufacturing, energy and utilities followed by public safety and health sectors", as per a report by Ericsson.

Furthermore, the Swedish telecom gear maker is expecting that 5G technology will enable a $27.3 billion revenue for Indian telecom operators by 2026. The application of 5G will be in areas such as field monitoring and mapping, livestock routing and monitoring, on-field applications, and related services. The operator partners with global vendors and companies for co-creating tailor made solutions.

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