"We have benefitted by lead taken by our minister (Manoj Sinha). He has held various meetings at global level on 5G. We capitalised on those opportunities and signed agreement for the next generation technology," Shrivastava said.
Telecom minister Sinha has said that 5G service launch in India will happen at par with other leading nations.
"3G was launch in India after seven years the technology was available in other foreign markets and 4G services after four years lag but 5G will be launched in India in 2020 as soon the standards are freezed by ITU," Shrivastava said.
He said that BSNL is working to finalise test cases where 5G can be used in India.
"We are in advance stages of starting 5G field trials. Government is in agreement to provide us 5G spectrum for trials. We expect to start field trials very soon," Shrivastava said.
The Telecom Regulatory Authority of India has recommended auction of about 8,644 MHz of telecom frequencies at an estimated base price of Rs 4.9 trillion. The government is yet to finalise details of allocation of spectrum for 5G services.
Under the agreement with Softbank, BSNL will look at collaborating with the Japanese firm for its satellite constellation which will have around 900 satellites to provide high speed internet services across the globe.
BSNL has signed agreement with Nokia and Cisco as well for developing 5G ecosystem.
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