5G is becoming a common household word, making its way around the world. The popularity and the possibilities make it an attractive market.
5G Technology is set to transform the world as we know it. But how will it be different from the last generation or 4G?
5G is the fifth generation of cellular networks. It's up to 100 times faster than 4G.
It will create never-before-seen opportunities for people and businesses.
For instance, 5G is expected to enable new technologies from e-classrooms in educational sector, IoT (Internet of Things) in industrial applications, telemedicine, remote monitoring, remote working, drone-based agriculture monitoring, AR (augmented reality) and VR (virtual reality) applications, and many others.
To play the 5G opportunity in India, you need to keep these companies in radar -
1. Telecom infrastructure companies like Indus Towers
2. Telecom equipment companies like ITI, Tejas Networks, Sterlite Technologies, among others
3. Telecom service operators like Bharti Airtel, Vodafone Idea
Though the buzz around 5G is spreading, it has not yet reached its peak and will not for some time. As a long-term investment it could be a solid choice, that is, if you can deal with the fluctuations.
To know more, check out Equitymaster's powerful stock screener to find the top 5G companies in India.
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