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Coronavirus impact: How data proved to be the new oil and saviour in 2020

Seamless broadband service is the backbone of remote working and telecom providers leveraged this opportunity to the maximum

India's political and business leaders agree on accelerating the rollout of 5G telecom services. (Photo: Bloomberg)
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Analysts feel that 5G ramp up will happen only with uptake of enterprise applications in manufacturing, transportation, healthcare, education, utilities and entertainment, among others

Megha Manchanda New Delhi
While the Coronavirus (Covid-19) pandemic pushed life and economy out of gear, it was data that kept the hope of ‘normalcy’ alive. The biggest beneficiary of the shift to a new work culture was the telecom sector due to the tremendous rise in data demand.

Data indeed proved to be the new oil in 2020. It turned out to be a saviour as offices shifted to homes. Seamless broadband service is the backbone of remote working and telecom providers leveraged this opportunity to the maximum.

“It was data that kept the economy going during the lockdown,” Hemant Joshi, an independent