Growth in telecom ARPU likely to drive industry revenues, margins: ICRA
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Last Updated: Apr 12, 2021, 04:21 PM IST
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Recently, RJIL entered into a spectrum trading arrangement with Airtel to acquire more spectrum in the 800 MHz band.
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ICRA expects total industry debt to remain elevated at Rs.5 lakh crore as of March 31, 2022.
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NEW DELHI: Consistent upgradation of subscribers from 2G to 4G and rise in mobile phone usage is expected to increase telecom average revenue per user (ARPU) to Rs 220 in the medium term, which will sustain the industry’s steady recovery and lead to growth in revenue as well as margins, credit rating agency
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