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5G to Become Reality Only After More Fiber Networks are Added, Says Report

June 27, 2019

5G to Become Reality Only After More Fiber Networks are Added, Says Report

According to a report by Crisil, for 5G connectivity to become a reality in the country, the telecom companies need to lay more fiber networks in the next 3 years that will set them back by ₹1 lakh crores. The investment amount is inclusive of the cost of acquiring the spectrum itself which is sold at a high price by the government.

The report said that 5G technology dictates 70% fiberisation level in the industry, but at present, the current levels in the industry stand at below 30%.

Photo credit: Christoph Scholz on Foter.com / CC BY-SA

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