Best 5G stocks to Invest for Longterm
Department of Telecom has approved 5G trial on 4th May. Once this trial is done, so in financial year 2022 the auction will happen.
5G is nothing but a 5th generation network. Right now the 5G is incorported in 61 companies. There are Big Name also for the 5G networks which include Airtel,Vodaphone,Tejas,Jio.
Also we will talk about some stocks which will get benefitted along with all these big stocks. Once the deals get cracked, the benifit will happen with these stocks as well.
One sector is there which will get benefitted also is IT company.
WIPRO
They have also tied up with exaware to develop advanced engineering solutions that will lead to growth as well as inovation on networking industry. Along with it , 6G compatibilies will also be looked into so as get double deal.
TECH MAHINDRA
Tech mahindra is strong player in network infrastructure services in India. They have capabilities in radio frequency planning design, engineering services, rollouts and also to give support. Also they have cracked deals in 5G networking.
INFOSYS & TCS
Both the companies are targeting OPEX. They have started the foundations along with all the competitors.
CUMMINS
5G to work with good effeciciency it needs generators to support base stations and towers which Cummins has the capability to provide, produce and export in large quantities. It is expected that cummins can get advanced opportunity worth Rs 200 crore during the 5years of runnning path.
TEJAS
Tejas networks is known for telecommunication equipments production. It has licence as well as patents also.
Do a research and then jump into investments.
Find your stock broker companies in india, for start your trading
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