5G Roll Out in India Expected to Begin in 2022: Tejas Networks

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Tejas Networks, a Bengaluru based company engaged in the “high performance and cost competitive” products in the telecommunications space on Wednesday said that it expects 5G rollouts in India to begin in 2022. The company in its investor presentation highlighted that the roll out of 5G in the country will aid in “expediting fiberization of cell towers.” Tejas Networks on Wednesday also reported its third quarter financial results with the Bengaluru based company recording Rs 129.1 crore in consolidated net revenue, translating to a 51.2% year-over-year (YoY) increase. In its third quarter of the current financial year, Tejas Networks registered Rs 9.2 crore in net profit as compared to Rs 112.1 crore loss in the same period in the previous year.

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Tejas Networks Expects 100 Million Homes Over Next 3 Years to Have Fiber Broadband Connection

While the government of India is scheduled to hold an spectrum auction in early March, 2021, the Department of Telecom (DoT) will not hold the auction for the 3300 MHz to 4200 MHz bands. ICICI Securities in early January said that the 3300 MHz to 4200 MHz bands are the “most popular band” for 5G and that “it may therefore be part of next auction.”

“However, there are other spectrum bands that are also gaining popularity in 5G deployment and, considering these bands provide much better coverage (compared to C-band), they can eventually play the critical role of ‘queen’ in 5G rollout, particular for non-standalone 5G deployment,” ICICI Securities said in its report.