Miracles with 'Internet'
Internet was born in 1994. Now the man punishes his life. He completely changed the lifestyle. The impact of the Internet is especially visible in cities. Covid is the internet that people are using extensively. COVID-19
What are the financial benefits of 5G?
In the early stages (June 2020), it was estimated that 42 percent of US employees worked from home. This is possible thanks to the Internet. The work-from-home culture is also gaining momentum in India. This movement is likely to continue in the near future. The total number of Internet users in the country in 2012 was Rs 2.3 crore. At present, it has reached Rs 82.53 crore. Of these, 79.9 crores use the Internet on their mobile phones. Overall, 40 percent of Internet connections are in rural areas. Average data usage also increased, from 100MB in March 2015 to 12.33GB in March 2021. Internet usage is on the rise as it is easily accessible to everyone. As data usage increases in this order... it is the responsibility of telecom service providers to increase bandwidth so as not to slow down. This is where India faces many problems. Internet speeds in the country are still between 2G and 4G. As the number of devices increases, the speed of existing networks decreases. Telecom companies around the world are moving towards 5G to address this issue. They expect internet speed to increase with 5G.
Financial benefits of 5G
The speed in the transformation of information is one of the greatest benefits of the Internet. There will be ads wherever customers are. Earnings through them will increase. Google, Facebook and YouTube have already shown how to make money from views. The source of all this is undoubtedly the allure of the Internet. The company said a large percentage of pay-by-phone transactions take place in secondary, tertiary and fourth-tier cities and towns. This is possible because the Internet has reached the level of ease of use in businesses and homes. The use of technology can save on transactions and costs. MSMEs will become stronger if costs are reduced. Internet dominates the service sector after Covid. Somehow the survival of MSMEs has reached the level of being dependent on the Internet itself. The Internet has completely changed the way people work. By examining the balance sheets of corporate entities over the years, it can be understood how much they have benefited from the use of the Internet. With the arrival of 5G in the country, conditions will improve even more.
Significant changes
Every object in the world has a price. The same goes for 5G. Large investments will have to be made for 5G. With fierce competition in the telecommunications sector, companies took on debt with the cost of 3G. Including the purchase of spectrum, towers and equipment, it is estimated that the introduction of 5G in the country will cost Rs 3 lakh crore. The number of towers and base stations will have to increase enormously to reach the speeds that 5G offers. In view of the competitiveness and productivity in India, the government should reduce the tax burden on the telecommunication sector and not demand revenue from them. Companies must raise the prices of 5G plans if the government does not support them. Customers will have to ditch their old phones and opt for devices with 5G connectivity. While many AI-powered apps require 6G. 5G contributes to facilities such as virtual reality and "work from home".
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