Praveen, guiding STL Global Services with visionary finesse, expertly navigates enterprises to unparalleled success with more than two decades of experience in IT sales, marketing, and project management. His prowess fosters innovation and growth. He engaged in a conversation with Thiruamuthan Correspondent, Industry Outlook. He discussed the essential realms of 5G innovations, rural connectivity, cybersecurity hurdles, and sustainability efforts, illuminating the telecom industry's path of evolution.
What is the current scenario of the telecom industry, and how is it adapting to the changes and evolving landscapes?
The telecom industry faces fierce pricing competition with cost pressures as the large players look at returns on investment in 5G. This is pushing us to innovate and adapt like never before. There is heavy investment in modernizing networks with Fiber and 5G, offering diverse services beyond voice and data, and partnering with tech giants to cater to evolving consumer needs. It's about staying agile, embracing tech like AI and cloud, and prioritizing customer experience with flexible pricing and personalized content. The future is exciting, but adaptability and smart investments are key to thriving in this ever-changing landscape.
How can combining optical fiber and wireless tech boost rural connectivity and economic growth while requiring policy changes to ensure fair access and innovation?
Optical Fiber and wireless tech is a powerful combo! Fiber lays the high-speed groundwork, and wireless fills the gaps at the access level, reaching remote areas. Imagine faster internet, better e-commerce, and telehealth in villages – a game-changer for rural economies. But we need smart policies:
Level the playing field: Subsidies for rural infrastructure deployment can reduce operators' costs, making it more attractive to serve these areas.
Right of Way and Network asset protection: While the Government has been simplifying the ROW approval process, a lot more is desired in terms of a quicker turnaround of approvals and a reduction in the number of authorities involved in the approval process. This, along with laws protecting the network assets with stringent penal actions against miscreants damaging the network assets, is the need of the hour.
Promote innovation: Incentivize local research and development in rural-focused technologies, creating affordable solutions for specific challenges.
Bridging the digital divide: Invest in digital literacy programs and subsidized devices to ensure everyone can access and benefit from this new connectivity
With these policy changes, Fiber-wireless combos can unleash rural growth, but fairness and innovation are crucial. We can't leave anyone behind in this big leap for Digital India!
How will advancements in 5G and beyond impact the integration of wired and wireless tech, and what challenges and opportunities does this present for telecom?
Think of 5G as the express lane to a fiber superhighway! The integration of wired and wireless tech will unlock amazing potential. Imagine real-time remote surgery, seamless VR, and billions of connected devices. The possibilities are many, but challenges abound. Security, infrastructure costs, and spectrum scarcity demand smart solutions. Telecom players that embrace innovation, collaboration, and user-centricity will be positioned to lead the way to a new era.
What are the main cybersecurity concerns for the telecom industry, and what strategies are being employed to protect network integrity and customer data?
As data flows freely across networks, cyber threats evolve at lightning speed. Some of the top concerns include:
Telecom companies are deploying powerful strategies to combat the threats:
Protecting data and network integrity is an ongoing battle. Still, the telecom industry can build a more resilient and secure digital future by staying vigilant, investing in advanced security solutions, and fostering collaboration.
How can the telecom industry innovate to reduce its environmental footprint and promote sustainability while meeting the growing demand for connectivity?
We as an industry are facing a dual challenge of surging data demand and the need to be environmentally responsible. Here, innovation is key.
Energy-efficient infrastructure: Green technologies like Fiber and energy-saving equipment reduce our carbon footprint.
Circular economy principles: Reusing and recycling network equipment saves costs and conserves resources.
Renewable energy sources: Transitioning to power networks with solar, wind, and other renewables minimizes our reliance on fossil fuels.
But it's not just hardware. We also need to focus on
Smart network management: AI-powered tools optimize network usage, reducing energy consumption without compromising performance.
E-waste initiatives: Responsible disposal and recycling of electronic waste ensures harmful materials don't pollute the environment.
Collaboration with governments and NGOs: Partnerships foster knowledge sharing and develop industry-wide sustainability standards.
Meeting growing demand requires responsible innovation. The telecom industry can lead to a connected and sustainable future by embracing green technologies, smart practices, and collaboration.