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HomeEconomyBusinessTelecom sector revenue growth likely to more than double, analysts say

Telecom sector revenue growth likely to more than double, analysts say

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“The telecom industry is estimated to see a jump in revenue growth in Q4FY22 at around 10% sequentially due to the full impact of tariff hikes taken by operators last November, although the pace of 4G upgrades is likely to slow down in coming quarters due to the increased cost of services,” Kunal Vora, head of India Equity Research, BNP Paribas, told ET.
The government’s revenue collection from telecom services will be significantly higher than the projection of Rs 52,806.36 crore made in the union budget after adding the collection from the proposed spectrum auction, a top telecom department official said
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