India needs to come up with newer and bolder solutions to save the telecom sector
Updated Sep 13, 2021 03:27 am
- Gross revenue in the sector reached ₹2.74 lakh crore in 2020-21, a CAGR of 2.4% during 2018-21. However, revenues are not witnessing a proportional increase along with usage. Debt also reached ₹3.85 lakh crore in end-March 2021, 1.4 times the sector revenue.
- There is a clear need to improve telecom’s viability.Indian telecom is playing a critical role in building the country’s digital infrastructure. In end-June, there were 768 million mobile broadband subscribers, almost double the number of subscribers three years ago. Mobile data traffic increased at a compound annual growth rate (CAGR) of 44% during 2018-21. This has largely driven the proliferation of content services, ecommerce, ride-hailing, hyper-local, e-education and e-healthcare.