Business
Level-playing field between private, public 5G networks absurd: BIF
Amid calls to ensure a level-playing field between public and private 5G networks, Broadband India Forum (BIF) on Tuesday said that such demands are ‘absurd and impractical’ as the two 5G networks are entirely different set of services for two entirely different requirements.
Nowhere in over 55 countries where private 5G networks are deployed have similar regulations been issued, said the think tank, as the two networks are on completely different footings and are not competing with each other.
“Seeking a level-playing field with enterprises for captive private networks is akin to a child in kindergarten being asked to compete with someone who has a doctoral degree. No mature regulator anywhere in the world imposes regulation on a player with no or minimal market share,a said BIF President TV Ramachandran.
Enterprises will not be in the business of selling services or earning revenues through private 5G networks, but only use it for self-consumption.
“The credibility and rationale of such claims are questionable and require introspection,” he said in a statement.
Private 5G networks are about the deployment of high speed, enhanced data capacity, and ultra-low latency applications inside a closed manufacturing unit, hospital, airport, shipping port, among others.
Private 5G networks are single end-user (the enterprise itself) in the given location, unlike a vast number of users in public networks.
In the case of private networks, the quantum of spectrum required is very small (going up to about 100 MHz) unlike the huge amounts of spectrum (almost 72000 MHz) used by public networks.
“While public networks are configured for ‘best effort’ service-level agreements (SLAs) to deliver average performance for external voice and data connectivity, private 5G Networks are meant to serve extremely high reliability and ultra-high SLAs with extremely low latency applications and ultra-high data rates,: the forum argued.
The telcos can operate their networks in full power, whereas private networks have to restrict power to a regulated level just like Wi-Fi networks, to prevent signals spilling out of their premises.
Hence, the same spectrum can be re-used many times across multiple different locations, unlike the case of public 5G networks.
“Private networks are not in the business of selling telecom services and earning revenues from it, but would be using the same purely for self-consumption,” said the forum.
The spectrum that is earmarked for private networks needs to be exclusive and distinct from those bands for Public 5G, to avoid needless possibilities of interference between the two networks.
“Seeking a level playing field with enterprises for captive private networks is akin to a child in kindergarten being asked to compete with someone who has a doctoral degree,” said Ramachandran.
The Union Cabinet last week approved the telecom department’s proposal to conduct 5G spectrum by the end of next month.
The Notice Inviting Applications (NIA) for the spectrum auction permits all the four methods of allocating spectrum for Private 5G Networks as recommended by the Telecom Authority of India (TRAI), including the option of enterprises obtaining spectrum directly from the Department of Telecommunication (DoT).
This provides enterprises the much-required right to develop their private 5G networks based on the specialised requirements for their distinctive captive use.
Leading industry bodies have hailed the TRAI recommendations of around 35-40 per cent cut in the reserve price for 5G spectrum for mobile services, terming it historic and which can finally put India on the world 5G map.
The telecom regulator has put forward a mega auction plan valued at over Rs 7.5 trillion at the base price allocated over 30 years.
Mumbai, June 12: Gold and silver prices traded higher on Friday, with precious metals surging by up to 2 per cent amid hopes of a peace deal in the ongoing West Asia conflict.
On the Multi Commodity Exchange (MCX), gold futures (August) increased as much as 1.11 per cent or Rs 1,668 to hit an intraday high of Rs 1,50,600 as of around 11:30 am.
The yellow metal was trading at Rs 1,49,916, up 0.66 per cent or Rs 948. It touched an intraday low of Rs 1,49,569, a gain of 0.42 per cent or Rs 637 from the previous close.
Meanwhile, silver futures (July) traded at Rs 2,42,143, higher by Rs 2,490 or 1 per cent.
The white metal touched an intraday high of Rs 2,44,817, jumping 2.15 per cent during the session so far. It recorded an intraday low of Rs 2,41,601, up 0.81 per cent or Rs 1,948 from the previous close.
Earlier in the day, gold and silver began the session at Rs 1,50,595 and Rs 2,42,776, respectively, on the commodity exchange.
According to commodity market experts, bullion remained under pressure overall and was headed for a second consecutive weekly decline as persistent inflation concerns and growing expectations of a US Federal Reserve rate hike continued to weigh on sentiment.
Analysts said precious metals rebounded sharply from six-month lows after US President Donald Trump indicated that the US and Iran could reach a peace agreement as early as this weekend.
However, gains remained limited amid continued uncertainty over the negotiations, with Iranian officials denying that a final agreement had been reached, according to them.
Optimism around a potential diplomatic breakthrough eased concerns over global energy supplies, triggering a decline in crude oil prices and improving broader market risk appetite, experts added.
Market participants will now track developments in US-Iran negotiations and upcoming commentary from the Federal Reserve for further direction in precious metal prices.
In international markets, COMEX silver traded at $66.94, up more than 4 per cent, while COMEX gold rose over 2 per cent to $4,203.70 per ounce.
Meanwhile, crude oil prices declined sharply, with US West Texas Intermediate (WTI) crude falling roughly 3 per cent to $85 per barrel. International benchmark Brent crude declined 1.59 per cent to $88.94 per barrel.
Mumbai, June 11: Gold and silver prices traded lower on Thursday, with precious metals falling by up to 2 per cent amid escalating tensions in the West Asia conflict.
On the Multi Commodity Exchange (MCX), gold futures (August) declined as much as 1 per cent or Rs 1,573 to hit an intraday low of Rs 1,46,444 as of around 12 pm.
The yellow metal was trading at Rs 1,47,860, down 0.11 per cent or Rs 157. It touched an intraday high of Rs 1,48,089, up 0.04 per cent or Rs 72 from the previous close.
On the other hand, silver futures (July) were trading at Rs 2,34,500, down Rs 1,005 or 0.43 per cent.
The white metal touched an intraday low of Rs 2,30,493, declining 2.12 per cent during the session so far. It recorded an intraday high of Rs 2,35,402, down 0.04 per cent or Rs 103 from the previous close.
Earlier in the day, gold and silver opened at Rs 1,46,518 and Rs 2,31,671, respectively, on the MCX.
In international markets, precious metals also remained under pressure. COMEX silver was trading at $63.90, down over 1.29 per cent, while COMEX gold was trading 0.68 per cent lower at $4,105.30 per ounce.
According to commodity analysts, precious metals remained under pressure as investors assessed the latest developments in the West Asia conflict. Gold stabilised near multi-month lows after the US military confirmed the completion of its latest strikes on Iran, raising expectations that diplomatic negotiations could resume.
They said easing safe-haven demand, coupled with expectations that US interest rates could remain higher for longer, weighed on bullion prices. Higher interest rates reduce the appeal of non-yielding assets such as gold and silver.
Market participants also continued to monitor inflationary pressures stemming from rising energy prices and their potential impact on the US Federal Reserve’s policy path.
Meanwhile, crude oil prices surged sharply, with Brent crude rising over 2 per cent to trade near $95 per barrel, while US West Texas Intermediate (WTI) crude climbed 4 per cent to $93.64 per barrel.
Mumbai, June 10: Domestic equity markets traded higher on Wednesday in the morning session despite elevated geopolitical tensions and rising crude oil prices.
Sensex gained as much as 0.59 per cent or over 400 points to touch an intraday high of 74,356 in early trade, while the Nifty rose 0.46 per cent or about 100 points to 23,351.
Sectoral performance was largely positive, with FMCG stocks leading the gains. Nifty FMCG rose 1.5 per cent, followed by Nifty Chemicals (0.67 per cent), Nifty Oil & Gas (0.60 per cent) and Nifty Private Bank (0.50 per cent).
On the downside, metal stocks remained under pressure, with Nifty Metal declining more than 1 per cent. Nifty MidSmall IT & Telecom fell 0.62 per cent, while Auto, Media and PSU Bank indices traded marginally lower.
Among the Nifty 50 constituents, Hindalco Industries emerged as the top loser, shedding nearly 3 per cent. Eternal, Adani Enterprises, NTPC and Tata Motors Passenger Vehicles (TMPV) were among the other major laggards.
“While weak global cues and geopolitical tensions could keep markets volatile in the near term, technical indicators suggest signs of stabilisation after recent selling pressure. Nifty has strong support around 23,000-23,100, while 23,500-23,600 remains the immediate resistance zone. A decisive breakout on either side is likely to determine the market’s next directional move,” analysts said.
Investors and traders’ sentiment remained cautious amid escalating tensions in West Asia after the United States launched strikes on Iran, raising concerns about a broader regional conflict and its potential impact on global energy supplies.
On the commodities front, international benchmark Brent crude rose 0.75 per cent to around $93 per barrel, while US West Texas Intermediate (WTI) crude gained 0.88 per cent to nearly $90 per barrel.
In Asia, markets traded largely in the red. Japan’s Nikkei and Hong Kong’s Hang Seng declined more than 1 per cent each, while South Korea’s KOSPI plunged nearly 4 per cent.
Overnight, Wall Street ended lower, with the S&P 500 slipping 0.26 per cent and the Nasdaq Composite declining 0.97 per cent.
Politics has become trade of self-interest amid rising market of plate-hopping politicians: Shiv Sena(UBT) in ‘Saamana’
Woman arrested at Mumbai airport for smuggling drugs worth Rs 11.82 crore from Bangkok
Trump says US, Iran close to finalising deal
Gold, silver gain up to 2 pc amid optimism over West Asia peace talks
Sunetra Pawar asserts control, signals tougher leadership within NCP
Trump, Netanyahu hold phone talks after Iranian missile fire: Israeli state media
The Municipal Corporation and the Railway Administration should work together to make Mumbai flood-free, directs Standing Committee Chairman Prabhakar Shinde
Mumbai: Strict action directed against prominent Marathi placards in shops and institutions, warning of action in Shiv Sena style: Deputy Mayor Sanjay Ghadi
Virar Citizens Protest Demolition Drive In Arnala; Police Block Lal Bawta March, Sit-in Held On Road
Indian equity markets trade higher as Iran-Israel tensions ease
-
Crime4 years agoClass 10 student jumps to death in Jaipur
-
Maharashtra2 years agoMumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra2 years agoMumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra2 years agoFalse photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News2 years agoMinistry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra2 years agoMaharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News2 years agoJ&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface
-
Crime2 years agoBaba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report