Telecom services industry revenue to see 7-9% growth in FY24, capex to touch `70,000 crore: ICRA
The telecom services industry is expected to post moderate revenue growth of 7-9 per cent in FY 24, due to muted average revenue per user (ARPU) expansion in the absence of tariff hikes in the near-term, ICRA said. The industry has been “upfronting” 5G capex (capital expenditure) and