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5G will change how telcos in India earn revenue: Cisco
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SME Times News Bureau | 14 Oct, 2019
The core beneficiaries of 5G will be enterprises which will dramatically
change how telecom operators in India and rest of the Asia Pacific and
Japan region earn their revenue in the next five years, a top executive
of global networking giant Cisco said here on Monday.
"In the 5G
era, telcos will earn 70 per cent of their net revenue from enterprises.
Right now, only 30 per cent of their revenue comes from enterprises,
while the rest comes from consumers," Sanjay Kaul, Head of Asia Pacific
and Japan, Service Provider Business, Cisco, told IANS during an
interaction at the India Mobile Congress (IMC) 2019 here.
"This
is a huge shift. For example, if you go to a factory and make it smart,
you can significantly reduce their operating cost and telecom operators
can then claim a share of the credit for reducing the cost of operation
and earn some revenue in return," Kaul added.
Cisco, he said,
will be able to help telcos monetise their services as the company
manages almost 70 per cent of internal network of most enterprises.
"5G+C=M.
This means 5G plus Cisco equals monetisation. This is because Cisco
brings in technology, it brings in the the know how of enterprises and
enterprises are already our customers," he said, adding that 5G will
dramatically change the e-commerce sector, financial services, logistics
and some manufacturing segments in the country.
"There is a good
chance that 5G will transform the agriculture sector in India. For
example, 5G may enable driverless tractors. The major impediment to
driverless cars has been the lack of proper infrastructure. But with
driverless tractors, you do not need proper lanes as chances of
accidents in fields will be less," Kaul elaborated.
For a robust 5G ecosystem in the country, a strong partnership among major stakeholders is a must.
"We
are one of the core partners for Reliance Jio. We are a very strong
partner of Bharti Airtel and Cisco is also working with Vodafone Idea,"
he said.
"To bring 5G faster to the country, the government will
have to make it viable for telecom operators to offer its services. It
will have to reduce the prices of spectrum, increase fiberisation.
Telcos will have to embrace transformation of their IP network and their
data centre network," he said.
During his address at the IMC
2019, IT Minister Ravi Shankar Prasad said that spectrum auction will be
done within the current financial year and he also assured the industry
that the government is bringing some reforms in spectrum pricing as
well.
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