Uploaded on Jul 30, 2020
PPT on HOW THE TELECOM SECTOR IS RESPONDING IN COVID-19 PANDEMIC.
HOW THE TELECOM SECTOR IS RESPONDING IN COVID-19 PANDEMIC.
HOW THE TELECOM SECTOR IIS RESPONDIING IIN COVIID-19 PANDEMIIC INTRODUCTION • The COVID-19 outbreak is causing widespread concern and economic hardship for consumers, businesses and communities across the globe. Source: Next Big Brand ECONOMIC IMPACT • Risk of economic crisis – There is a probability that telecom companies will get hit due to the economic crisis. • Loss of roaming revenues – As people don’t travel at all, roaming revenues have dropped to virtually zero. Source: The Financial Express NEAR-TERM IMPACT • First quarter results from the Chinese operators were tough, with modest service revenue growth (1 per cent). • An improvement over the prior year there is a recovery in new subscriber numbers, after the adoption of 5G adoption. Source: The Hindu HOW COVID-19 SHAPE TELECOMS GOING FORWARD? • Regulation – There is a need to rethink the regulations keeping in the mind the ongoing challenges. • Investment levels – Due to the pandemic there will be reduction in investment plans due to reduced discretionary spend. Source: Forbes COVID-19 IMPACT ON THE TELECOM SECTOR IN INDIA IMPLEMENTATION OF EXEMPTIONS FOR THE TELECOM INDUSTRY • Telecommunications, IT and ITeS were exempted from the lockdown. • Ground level staff need continued access to towers for maintenance, to identify potential risks. Source: The Hindu RISING DEMAND AND CURRENT INFRASTRUCTURE • While demand for services continues to spike, given India’s dependence on wireless traffic, there is increased pressure on cellular infrastructure. Source: GSMA IMPACT OF THE LOCKDOWN RESTRICTIONS • Impact on Manufacturing of hardware and other systems • Addition of new subscribers • Impact on tariffs • Subscriber Retention Source: ET Government OPPORTUNITIES • Telecoms remains relatively defensive and the outlook for revenues and earnings is tough. • The adaption of 5G and device availability improvement can boost consumer appetite for the new service. Source: IBM CHALLENGES • The challenge will involve developing new business models and services to meet this opportunity. • Adaption of 5G technology will create competition in post COVID scenario. Source: The Economic Times
Comments