Last year's 5G industry consultation deadline was similarly extended, again at telecom operators' request.
That's especially since"telcos are grappling with the need to balance unrelenting capex demand, uncertain economics of 5G services, as well as revenue pressure", as Credit Suisse analyst Johnson Loh summed it up. Sachin Mittal, who covers telecoms at DBS, reaffirmed a positive view on the 5G licensing structure, especially with the leeway for tie-ups.
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