5G and the Union Budget

5G and the Union Budget

The union budget had focused on realizing new opportunities, business models, and employment potential from the 5G technology. In that direction, the Government has declared the construction of 100 5G labs. The labs will focus on developing applications for use in areas such as smart classrooms, precision farming, intelligent transport systems, and healthcare. 5G is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network designed to connect virtually everyone, including machines, objects, and devices. A 5G Lab works with startups, academia, and enterprise teams to build a 5G-powered world. Apart from 5G stocks in India, 5G infrastructure stocks too are going to get a huge boost this year.

5G Stocks In NSE to watch out for

Component supplier of 5G

Tejas Network: Tejas is an active player in shaping India’s 5G strategy and contributes to the global 5G standards through its work in TSDSI – India’s telecom Standards Development Organization, to ensure that both Indian and emerging market needs are fully incorporated in the upcoming standards.

Indus tower: Indus Towers Limited is a leading Indian telecom equipment company. Bharti Airtel Limited and Vodafone India Limited hold some stake in Indus Towers Limited. The company has the rank of being among the top 5G towers company globally.

Tech Mahindra: Tech Mahindra delivers pre-packaged digital solutions deployed over Private networks and MEC, consisting of devices, platforms, and applications.

HFCL: The company is also working to develop global system integration services for 5G private networks and integration services. HFCL mainly operates in OFC demand and production of 5G-led equipment.

Service Provider

Reliance Jio: A globally competitive home-grown 5G solution, Jio True 5G is an India-grown 5G network provider. It is one of the top telecom network operators in India.

Bharti Airtel: Bharti Airtel Limited is a leading telecommunication company globally. Headquartered in New India, they provide ICT services with a global network across the USA, Europe, Africa, the Middle East, Asia-Pacific, India, and SAARC regions. Airtel Telecommunications ranks amongst the top 3 mobile service providers around the world (as per subscribers).

Companies Snapshot

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– Debraj Guha Thakurta & Nischay Avichal

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