MTN Consulting is focused on network operators & their technology supply chains, tracking the economics of the network operator business and assessing the big shifts that impact technology spending trends. Our coverage includes:

3 major network operator markets

  • Telecom Network Operator (TNO)
  • Webscale Network Operator (WNO)
  • Carrier-Neutral Network Operator (CNNO)

190+ operators

Across the three major network operator markets in all key regions

40+ time series

10+ years’ market- and operator-wise data across quarters and years starting 2011

~50 reports published per year

  • Market data and insight reports spanning –
  • quarterly market reviews
  • operator and vendor deep dives
  • benchmarking and strategic assessments
  • forecast/outlook analysis
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Latest report

India’s Quantum Communication Journey: Insights from the International Quantum Communication Conclave 2025

This brief outlines the strategic initiatives, innovations, and milestones showcased at the International Quantum Communication Conclave 2025 that are steering India’s progress toward future-ready quantum networks. India is fast emerging as a significant player in the global race toward secure, quantum-based communications. The International Quantum Communication Conclave (IQCC) 2025 spotlighted India’s growing capabilities in this field, with quantum communications (QC) poised to become the backbone of future secure networks. Unlike traditional encryption, quantum communication leverages the laws of quantum mechanics, offering resilience against classical and quantum cyber threats. As global investments in quantum technologies exceed $44.5 billion, India is strategically positioning itself to lead with indigenous innovations and national-scale deployments. The Indian government has made quantum communications a core pillar of its National Quantum Mission (NQM), aiming to create a robust ecosystem of research, commercialization, and deployment. Several institutions such as Indian Institute of Technology (IIT) Madras, the Centre for Development of Telematics (CDOT), and the Raman Research Institute (RRI) are spearheading foundational projects. For example, IIT Madras has pioneered the Metro Area Quantum Access Network (MAQAN) metro fiber testbed in Chennai, while C-DOT’s live Quantum Key Distribution (QKD) setup at Sanchar Bhawan, New Delhi marks an important milestone. Separately, IIT Delhi and the Defence Research and Development Organisation (DRDO) have jointly demonstrated entanglement-based QKD over 50 km of fiber link in lab conditions and 8 km of optical fiber in field trials, in addition to executing a 100 km inter-city QKD trial between Prayagraj and Vindhyachal in Uttar Pradesh. Building on these, the ambitious Quantum Internet with Local Access (QUILA) program aims to link major Indian cities through a 2,000 km quantum backbone, integrating terrestrial and satellite QKD with Post-Quantum Cryptography (PQC) and quantum memory, laying the foundation for a national quantum internet. CDOT, emerging as the country’s quantum commercialization engine, has developed certified QKD systems based on Coherent One Way (COW) and Differential Phase Shift (DPS) protocols. CDOT also is prototyping Measurement Device Independent (MDI) QKD for mitigating side-channel attacks. Its innovations in multiplexed and multi-core fiber QKD remove the need for costly dark fiber while extending secure communication ranges to 120+ km. Critically, CDOT has indigenized key components like single-photon detectors, cutting costs by 90% and reducing foreign dependency. Another major leap forward is the shift toward chip-scale QKD. Miniaturizing bulky quantum components into photonic integrated circuits will allow for scalable, cost-effective deployment across telecom and cloud networks. India is investing heavily in this direction via the Ministry of Electronics and IT (MeitY) and the Department of Science and Technology (DST), funding photonic chip R&D at institutions like Indian Institute of Science (IISc) and IITs. These chips will also form the building blocks for future 6G and AI infrastructure. Satellite quantum communication is the next frontier. RRI, in collaboration with the Indian Space Research Organization (ISRO), is developing ground-to-satellite QKD systems with adaptive optics and precision tracking, offering a viable solution for long-distance, terrain-agnostic secure links. Their research in device-independent randomness and free-space optics enhances India’s readiness for global-scale quantum communication networks. Finally, industry players like QNu Labs are transitioning research into deployable systems by commercializing hybrid models that integrate QKD, PQC, and quantum random number generators. These efforts, aligned with NQM, mark India’s emergence as a serious contender in the global quantum race – strategically, scientifically, and commercially.

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MTN Consulting is focused on network operators & their technology supply chains, tracking the economics of the network operator business and assessing the big shifts that impact technology spending trends. Our coverage includes:

  • 3 major network operator markets
  • 190+ operators
  • 40+ time series
  • 50 reports published per year

Latest report

India’s Quantum Communication Journey: Insights from the International Quantum Communication Conclave 2025

This brief outlines the strategic initiatives, innovations, and milestones showcased at the International Quantum Communication Conclave 2025 that are steering India’s progress toward future-ready quantum networks. India is fast emerging as a significant player in the global race toward secure, quantum-based communications. The International Quantum Communication Conclave (IQCC) 2025 spotlighted India’s growing capabilities in this field, with quantum communications (QC) poised to become the backbone of future secure networks. Unlike traditional encryption, quantum communication leverages the laws of quantum mechanics, offering resilience against classical and quantum cyber threats. As global investments in quantum technologies exceed $44.5 billion, India is strategically positioning itself to lead with indigenous innovations and national-scale deployments. The Indian government has made quantum communications a core pillar of its National Quantum Mission (NQM), aiming to create a robust ecosystem of research, commercialization, and deployment. Several institutions such as Indian Institute of Technology (IIT) Madras, the Centre for Development of Telematics (CDOT), and the Raman Research Institute (RRI) are spearheading foundational projects. For example, IIT Madras has pioneered the Metro Area Quantum Access Network (MAQAN) metro fiber testbed in Chennai, while C-DOT’s live Quantum Key Distribution (QKD) setup at Sanchar Bhawan, New Delhi marks an important milestone. Separately, IIT Delhi and the Defence Research and Development Organisation (DRDO) have jointly demonstrated entanglement-based QKD over 50 km of fiber link in lab conditions and 8 km of optical fiber in field trials, in addition to executing a 100 km inter-city QKD trial between Prayagraj and Vindhyachal in Uttar Pradesh. Building on these, the ambitious Quantum Internet with Local Access (QUILA) program aims to link major Indian cities through a 2,000 km quantum backbone, integrating terrestrial and satellite QKD with Post-Quantum Cryptography (PQC) and quantum memory, laying the foundation for a national quantum internet. CDOT, emerging as the country’s quantum commercialization engine, has developed certified QKD systems based on Coherent One Way (COW) and Differential Phase Shift (DPS) protocols. CDOT also is prototyping Measurement Device Independent (MDI) QKD for mitigating side-channel attacks. Its innovations in multiplexed and multi-core fiber QKD remove the need for costly dark fiber while extending secure communication ranges to 120+ km. Critically, CDOT has indigenized key components like single-photon detectors, cutting costs by 90% and reducing foreign dependency. Another major leap forward is the shift toward chip-scale QKD. Miniaturizing bulky quantum components into photonic integrated circuits will allow for scalable, cost-effective deployment across telecom and cloud networks. India is investing heavily in this direction via the Ministry of Electronics and IT (MeitY) and the Department of Science and Technology (DST), funding photonic chip R&D at institutions like Indian Institute of Science (IISc) and IITs. These chips will also form the building blocks for future 6G and AI infrastructure. Satellite quantum communication is the next frontier. RRI, in collaboration with the Indian Space Research Organization (ISRO), is developing ground-to-satellite QKD systems with adaptive optics and precision tracking, offering a viable solution for long-distance, terrain-agnostic secure links. Their research in device-independent randomness and free-space optics enhances India’s readiness for global-scale quantum communication networks. Finally, industry players like QNu Labs are transitioning research into deployable systems by commercializing hybrid models that integrate QKD, PQC, and quantum random number generators. These efforts, aligned with NQM, mark India’s emergence as a serious contender in the global quantum race – strategically, scientifically, and commercially.

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Our Three Core Offerings

Research

MTNC’s research is focused on communications network infrastructure, a market attracting $3.5 trillion in annual operator revenues. Our goal is to provide credible, holistic assessments of where the NI market currently stands and where it is headed. Reports address market and technology trends, key players, and country dynamics.

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Subscription

MTNC bundles its research into an annual subscription service called “Global Network Infrastructure”. GNI provides clients with an end-to-end view of the network operator business, assessing the big shifts that impact technology spending trends. GNI clients include technology vendors (chips, network equipment and software, IT services), operators, regulators, and investors.

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Consulting

Our consulting services include: scenario planning; market sizing, forecasting, and analysis; organizational strategy; marketing support; competitive benchmarking; and, due diligence support for M&A and PE transactions. We bring experience and independence to the table, and access to the proprietary databases generated by our GNI subscription program.

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Blogs

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Quantifying the energy cost savings from 2G/3G network shutdowns...
Posted by: Samir Ahmad on 18/10/2022

With each passing day, the 2G and 3G layers of telcos' mobile networks are looming as heavy loads on operating expenses (opex). That's due to multiple issues but especially energy consumption and related costs. With the exist

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Telco capital intensity hits 10 year peak in 2Q22...
Posted by: Matt Walker on 06/09/2022

Vendors continue to wrestle with supply chain constraints in the telecom sector. That's clear from several recent vendor earnings reports, including those issued by Dell, HPE, and Ciena in recent weeks. Telco spending, though

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Vendor landscape continues to shift in telecom market as cloud and 5G ...
Posted by: Matt Walker on 29/07/2022

Telco network spending has been on the rise over the last few quarters. Vendor sales of network infrastructure to the telco vertical ("Telco NI”) totaled $55.5B in 1Q22, up 5.7% YoY. On an annualized basis, Telco NI revenue

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Telecom’s top 3 vendors betting big on enterprise expansion; Hua...
Posted by: Matt Walker on 14/06/2022

Telco NI's top 3 Telcos buy products & services from dozens of different vendors. Our research tracks 130. Some are relatively easy to classify into a segment, e.g. Corning, a "cabling & connectivity" vendor in our

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After failure to adapt to 4G, telcos need to evolve...
Posted by: Melvin Bankhead III, Contributing Writer on 19/05/2022

It was the Greek philosopher Heraclitus who coined the phrase, “Change is the only constant in life.” Well over a thousand years later, Benjamin Franklin continued the thought, saying, “When you are finished changing

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Telcos are upgrading their workforce, but it comes at a price...
Posted by: Matt Walker on 11/05/2022

One of the many telecom stats we track is "labor costs", i.e. what telcos spend in salaries and benefits to support their workforce. Not a lot of other analyst firms track labor costs, if any. It's not an easy one to track, a

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Our Research Bundles

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MTN Consulting’s Market Data bundle is designed for clients who need to understand all three types of network operators we track – telecom, webscale, and carrier-neutral. The bundle includes all of our Excel-based Market Review reports tracking these individual operator segments.
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MTN Consulting’s Telecom Network Operator (TNO) bundle provides clients with a deep dive into the telecommunications segment of network operators. The bundle’s products help clients understand how telcos are growing and transforming their operations.
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MTN Consulting’s Webscale Network Operator (WNO) bundle provides a deep look at the webscale segment of network operators – how it’s growing, how individual WNOs are building out their networks, and which suppliers are benefiting.

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