Only one in three telecom users in India are likely to switch to 5G by March 2025, ratings agency CRISIL has said at a time when carriers are racing to expand their network for the spectrum.
The Economic Times (ET) said that CRISIL cited reasons such as the high cost of 5G devices and the already available 4G network that fits the bill for most users. The ratings agency also said that many users may not find the near-term value proposition in switching to 5G.
According to estimates released by CRISIL, India's 5G user base will grow to 300 million