4G usage estimate in 2020
Posted on: 09/Sep/2016 4:26:34 PM
According to studies, over 7 percent of the total user base of the country will be high speed 4G connections by the year 2020. The revenues will reach up to Rs 79,000 crore by then.
Assocham-KPMG paper states that 4G is promising to bring a notable changeover and the long term evolution revenues (LTE) is likely to hike to Rs 79,850 crore.
With major government initiatives such as the Digital India, Smart Cities, etc, there is going to be severe push in the high speed internet sector. The reports add that such high speed 4G networks can back the government’s social sector schemes with better safety and speed.
At the same time, the report also cautions that such inclusion of programs and 4G roll outs, huge capital requirements, and competitive market situations will have its impact on profitability of key players.
There was no hint about the latest Reliance Jio or other players in the report though. It is important that these industry players collaborate with each other and progress towards collective objectives.
The Secretary General of Assocham, S. Rawat states that most of the new players and established ones can have opportunities to make the best of the industry. At the same time, consumers will have vast choices to avail affordable schemes.
