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India Business News: With digital becoming all pervasive across business functions and daily lives, data generated within companies runs into terabytes, and has created th.
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India Business News: With digital becoming all pervasive across business functions and daily lives, data generated within companies runs into terabytes, and has created th.
The assignment of spectrum — whether through an auction or administrative allocation — for satellite communications was at the heart of a debate between the government and a divided industry, with the telecom department even asking the telecom regulator TRAI for modalities around auctioning satellite spectrum.
“ARPU has grown only 0.7% QoQ (quarter-on-quarter) despite one additional day in the quarter, which implies underlying mobile ARPU should have slipped probably from unlimited 5G data – possibly impacting data recharges and some downgrades too,” said brokerage ICICI Securities.
Reliance Jio: Analysts further said that on a year-on-year basis, Jio’s ARPU increased 2.5% to Rs 181.7, helped by strong growth in the fibre-to-the-home (FTTH) subscriber base which is estimated at about 45% year-on-year. The telecom operator’s FTTH subscriber base, of 10 million at the end of the second quarter, yielded higher ARPU than mobile subscribers.
India’s largest telecom operator Reliance Jio saw its net profit rise 15.6% year-on-year to INR 4,984 Cr in Q4 FY23.