In order to catch up with the revenue potential, the sector will need investment in the range of Rs 66,000- 93,000 crore.
October 12, 2019
According to a report by leading daily, the Indian telecom infrastructure’s revenue potential is expected to reach Rs 21,500-Rs 31,000 crore by 2023, as latest information technology developments are driving demand for new business models.
However, in order to catch up with the revenue potential the sector will need investment in the range of Rs 66,000- 93,000 crore, the study said.
As the demand for data and 5G knocking at the door, there is seismic shift in the industry leading to plenty of opportunities are arising for tower companies to shift their attention from a macro tower focused business, towards new business models hinged on fibre, small cells, data centres, Wi-Fi and smart cities and beyond, According to the study,.
The study said that fiber presents significant potential as the overall fiber deployment in the country is expected to increase at a CAGR of 13.6 per cent, from 1.5 million cable kilometers in 2018, to 2.8 million cable kilometers in 2023. Wireless, fiber to the home and common infrastructure would be the major contributors to fibre demand. The fiber growth is expected to see a fillip 2020 onward, with expected launch of 5G in 2023.
