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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
The Adani Group recently announced that it would be entering the telecom sector by participating in the 5G spectrum auction of 2022. According to the analysts, Adani Data Networks has already bid for 5G airwaves. But Adani Group is only focusing on enterprise services with 5G. Consumer market business is still a far reality for the Adani Group. It is very much understandable as well because the industry experts also believe that 5G revenues from consumers would be very low or negligible compared to the revenues that the companies will make post the launch of services.
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The thing is, Ashwini Vaishnaw, the telecom minister of India, believes that there is scope for the entry of a new player in the telecom sector of India. As per ET Telecom, Vaishnaw made comments on how the average data consumption in India is more than the global average and how there are a billion users in the country.
New Regulatory Framework Required
The telecom minister talked about the need for a new regulatory framework. Vaishnaw said that the Indian telecom sector is now implementing new-age technology. But these new-age technologies are being governed through the laws that were made almost four decades back. It doesn’t make sense, and it would never allow the Indian telecom sector to go forward.
For the unaware, the Department of Telecommunications (DoT) has already released a consultation paper on the need for a new regulatory framework in the Indian telecom sector. It is high time for India to formulate a new regulatory framework as connectivity with 5G is absolutely at a different level and manner than all the previous generation network technologies.
