Opinion | Incipient telecom opportunity for IT services firms
As we stand at the cusp of 5G cycle, US regulation has raised its head again
There has been a lot of press about how the capital-intensive telecom industry has been going through paroxysms. In India, we have seen a powerful market play by an entrant with very deep pockets, which has changed the market completely. While revenue per user has plummeted, India has gone from being a market with low penetration to one with ever increasing mobile usage. Some statistics now even place India at the top when it comes to mobile data consumption. There has been market consolidation among industry players and relentless price competition, which has eviscerated some incumbent telecom firms.