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Eco Assignment 1 PDF
Eco Assignment 1 PDF
ECONOMICS
ASYNCHRONOUS SESSION 1 A
DATE: 22/05/2020
IMPACT OF COVID-19 ON THE TELECOM SECTOR IN INDIA:
As the whole world continues to suffer from the deadly outbreak of the pandemic, ‘work from
home’ and ‘social distancing’ have become an integral part of today’s business landscape, with
the telecom sector being the helpful hand driving this shift and keeping people sane. Video
conferencing, remote working and telecommunications technology have emerged as right hand
for business operations and streaming services such as Netflix, etc. have replaced theatres for
entertainment, putting the telecom sector in spotlight today.
The government has also acknowledged the importance of having a strong telecommunication
during this difficult time. According to the recent reports, overall traffichas jumped by 10%
and streaming platforms have witnessed a spike by 20% in viewership. Unlike other industries,
the telecom industry might emerge as the golden child of this economic slowdown. However,
the increased dependency on this sector and other restrictions due to the pandemic, have also
raised a set of challenges for the telecom sector, as highlighted below.
The general outlook, globally as well as India, considers that the telecom sector will be one
of the few to escape unscathed from the pandemic and the resultant lockdown. The government
and the stakeholders are also conscious of the importance of these services in the current
scenario. It can be seen that various steps are being taken to address the short-term issues as
and when they come to light. Despite the issues, the increased demand for these services may
help offset any dip in revenues. This sector is also working to track location details of calls to
closely track the movement of COVID 19 patients and to monitor migrant laborer to help them
with food and employment.
REFERENCES:
• Casey, M. (2020, April 29). Understanding COVID-19's impact on the telecom sector:
Deloitte Global. Retrieved from https://www2.deloitte.com/global/en/pages/about-
deloitte/articles/covid-19/understanding-covid-19-impact-on-the-telecom-sector.html
• Pti. (2020, April 16). Telecom sector will not be impacted by COVID-19: Report.
Retrieved from https://economictimes.indiatimes.com/industry/telecom/telecom-
news/telecom-sector-will-not-be-impacted-by-covid-19-
report/articleshow/75180142.cms?from=mdr
• Chitravanshi, R., Rajat, Chitravanshi, R., Ascend Telecom, & Ascend Telecom. (2020,
April 27). COVID-19: Impact on Telecom Sector. Retrieved from
https://cpoinnovation.com/covid-19-impact-on-telecom-sector/
• PricewaterhouseCoopers. (n.d.). COVID-19 and the telecommunications industry.
Retrieved from https://www.pwc.com/us/en/library/covid-19/coronavirus-
telecommunication-impact.html
• COVID-19 News: Tracking its impact on telecom sector. (2020, May 21). Retrieved
from https://tele.net.in/covid-19-news-tracking-its-impact-on-telecom-sector/