India is contributing significantly to the next generation of telecom services with companies collaborating to broaden solutions, the report furthers. Private networks are expected to see a huge demand from enterprises in the near future across industries such as healthcare, education, fintech, e-commerce and entertainment.
The minister added that the Ministry of Electronics and IT (MeitY) will partner with the private sector in areas not just limited to soliciting business for them but for future technology developments like quantum computing, artificial intelligence, cybersecurity and semiconductors, according to an official statement released by the ministry.
GTPL, one of the top cable feed providers in India, said it hoped to work with channel broadcasters over the next 60-90 days to prevent a repeat of the chaos that was seen with the introduction of a new tariff order two years ago.
“PM Modi’s Gati Shakti Master Plan is a major boost to develop a robust telecom infrastructure in our country which will play a key role in seamless connectivity, and is the essence of true “Digitization,” said T. R. Dua, Director-General, DIPA.
The watchdog's announcement on Tuesday follows a report from a UK parliamentary committee this year which warned that the ties between music majors and streaming platforms could stifle innovation in the sector.
With a 111 million-strong fan base in just 27 days after its release, the low-cost survival drama has become Netflix's biggest original show launch ever, underpinning its efforts to ramp up investments in overseas content.
India still has a long headroom for growth in terms of video adoption when compared to China, USA, and Brazil.
TV customers are already paying higher subscription fees under NTO 1.0 due to the addition of the Network Capacity Fee.
Experts said that the price hike is an unintended consequence of the new tariff regulations for the TV broadcast sector – meant to reduce the consumers’ monthly cable or DTH (direct-to-home) bill.
Have you signed up for Netflix, Disney Plus or HBO Max just to watch one new show or movie — then canceled for a few months until the next must-see thing comes out?