Telcos transforming from network providers to digital services providers

The telecom industry is moving from being just a network provider to one that is offering digital services.

“There is a move in the market as view of operators shift from being network to digital service providers,” said Phil Twist, vice president networks marketing and communication, Nokia.

Twist was part of a panel discussion at the India Mobile Congress 2018 which discussed emerging technologies. Noka launched a 5G manufacturing facility in India on Thursday.

Twist added that besides revenue in hundreds of trillon, 5G will also aid in smart agriculture and future technologies like block chain will help in smart agriculture.

Fellow panelist Nivruti Rai, vice president, data centre group, country head for Intel India said that “India is on time for 5G, despite being little late for 2G and 3G.

She reiterated the importance of block chain technology saying it can be used for data safety and storage.