Today, I was in a Zoom meeting when my boss asked me, "Are you ready with your presentation? Share your screen so that we can see your progress so far."
I wiped the sweat beads on my forehead, smiled, and said "Yes, it's ready! I will just share in a moment", and then my screen froze. All they could see was a static me, no audio, no video, and of course no presentation.
Soon, the meeting ended. In a few minutes, my boss texted me, "The meeting was disconnected. Your screen was stuck again." I breathed a sigh of relief and replied to him, "Sorry must be the network issues. Hopefully, I will be able to present tomorrow."
In reply, my boss sent me a snapshot of a newspaper headline that read, "5G services will probably start from October".
Below that, he wrote, "I guess you will have to come up with new excuses post-October."
With the end of India's biggest 5G spectrum auction, looks like we Indians are close to saying goodbye to no network, and poor connection excuses.
However, besides the probable 5G launch fate, a lot of other things also happened in the 7-day-long 5G spectrum auction. All the best 5G stocks are in the focus after the auction.
We've put all the important things that happened in 10 quick points. Here is a quick summary of the 5G spectrum auction.
All the top stocks riding the 5G wave in India have jumped into the 5G spectrum auction.
It looks like Reliance Jio will dominate the Indian telecom sector for years to come because of its sheer size.
Adani did not make a bid for the telephone spectrum. Hence all the rumours around Adani coming up with its own telecom services are put to an end.
Airtel has managed to snag a fair share of airwaves. It looks like Airtel will dive with its head-first in the 5G spectrum.
Vodafone Idea was able to keep its head above the water. It acquired a low share of airwaves but well something is better than nothing.
The telecom sector stocks stands under the roof of major changes.
Starting with the 5G spectrum to the hidden trend that could boost telecom sectors in the years to come, the telecom sector is up for a roller coaster ride.
The 5G spectrum auction has given promising news for all the players in the telecom sector. But remember, it is not about the opportunity, it is about how well the company uses the opportunity.
Hence, before making any investment, an investor should carefully analyse whether all these companies can actually offer what they promise.
Happy Investing!
Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...
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