Will 5G launch in India turn the tables for telecom companies financially?

Telcos are focusing on building a market for new-use connectivity services till the consumer base gains critical mass

Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time — the target is July — they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023.

But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?

Much would depend on