India, May 5 -- Moving from one generation of mobile technology to the next requires equipment upgrades and network modernisation. Seeking customer stickiness in a competitive market demands capacity expansion, new sites, and improvements in network experience to deliver sharper signal quality and better Return on Invested Capital (ROIC). Competing with hyperscalers also requires significant capital expenditure.

Yet, capex is becoming a difficult Scylla and Charybdis situation for telecom operators. The challenge is no longer about capex turning into a cliff, but about it becoming more like a glass cliff.

Even as it becomes imperative to add and maintain network assets and equipment, telecom operators struggle to extract meaningful retu...