Stock Market LIVE updates: Sensex tanks over 1,100 points as IT, financial shares plunge; Nifty slips below 16,200

Even before bids are called, 5G auctions are turning out to be a turf war between the well-heeled telecom operators, such as Reliance Jio, Airtel and Vodafone Idea, and the new age Big Tech like Google, Amazon, TCS and Cisco as the two sides fight over the issue of deploying high-speed private networks for enterprises. The telecom companies, who traditionally buy spectrum in auctions and roll out networks, are protesting against the decision of regulator Trai to consider giving space to the new age companies in the deployment of captive business networks, which will be used by smart factories, hospitals, educational institutes, agricultural players, ports, airports, and hotels.

Indianshri

Follow us for news, photos, videos, and the latest trends around the world & on the Internet. www.indianshri.com

Leave a Reply

Your email address will not be published.

Back to top