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The first phase - around network modernisation and equipment creation - is where companies like
Tech Mahindra, which has a strong presence in telecom, are working on. However, it is in the subsequent phases - around implementing Internet of Things (IoT)-based solutions on 5G - where the bigger opportunity lies.
“Any change in technology creates opportunities for service providers and equipment manufacturers. This time, there are additional opportunities… with different use cases. There’s a move towards OpenRAN for 5G, similar to the opensource movement in IT, which will create opportunities for system integration, testing,” said Pareekh Jain, founder of Pareekh Consulting.