5G in India:
The Government of India on Wednesday gave final approval to a proposal to allocate direct airwaves to enterprises. According to the report, this will pave the way for enterprises to operate private 5G networks and set up ‘private captive networks’.
It will drive a wave of innovation in new age industry applications such as automotive, healthcare, agriculture, energy and other areas, machine-to-machine communication, Internet of Things (IoT), artificial intelligence (AI). This development will mean more internet speeds and better all-round connectivity for mobile phone users.
7 Things You Need to Know About 5G:
1: The Union Cabinet, headed by Prime Minister Narendra Modi, has approved a proposal of the Department of Telecommunications to auction spectrum, through which the successful bidder will be assigned spectrum to provide 5G services to the public and enterprises.
2: It is expected that telecom service providers will use mid and high band spectrum to bring 5G technology-based services capable of providing speed and capability, which will be much higher than what is currently available.
3: In a landmark decision, there is no mandatory advance payment for successful bidders in the auction. Spectrum can be paid in 20 equal annual installments, to be paid in advance at the beginning of each year. This is expected to significantly reduce cash flow requirements and reduce the cost of doing business in this area and promote technological advancement.
4: Bidders will also be given the option to surrender the spectrum after 10 years without any future liabilities in respect of the remaining installments.
5: According to various industry estimates, 5G technology will be 10 times faster than 4G. This will allow a large number of devices to connect to fast mobile networks in a small area without compromising speed.
6: 5G technology will facilitate faster online payments and support new digital payment technologies. This will make it easier to access online transaction methods.
7: According to a report, 5G technology will also increase network security and is expected to prevent malware threats, sensitive data theft and device jamming. It will also significantly improve the battery life of the smartphone.
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