Blog 52: Future of Indian Telecom Industry.

Telecom Industry's Growth:

1.India's Telecom Sector is the Second Largest globally in terms of Subscriber base.Also, India is One of the biggest Consumer of data Worldwide.


2.India's 5G Subscriptions to have 35Cr by 2026 accounting for 27% of all mobile Subscriptions.


3.The Union Cabinet approved Rs. 12,195 crore ($1.65 billion) Production-linked incentive (PLI) Scheme for telecom & networking products under the Department of Telecom.


4.In Union Budget 2023-24 the Department of Telecommunications was allocated Rs. 97,579 Crore ($11.92 billion).


5.Over the next five years, rise in mobile Phone Penetration and decline in data costs will add new internet users in India, Creating Opportunities for new businesses.


Leading Telecom Players and their Market Share in India:

1.Reliance Jio       37.41%

2.Bharti Airtel      32.39%

3.Vodafone Idea   20.84%

4.BSNL    9.12%

5.MTNL  0.24%

(Market share as of Feb 2023)


Total Mobile Consumers:

1.Reliance Jio       44 Cr Users

2.Bharti Airtel       33 Cr Users


How much they Earn from each user (ARPU):

1.Bharti Airtel      Rs 193.0

2.Reliance Jio       Rs 178.8


Social Media Links and Mail id:


Twitter:
https://twitter.com/1harshach?s=20

LinkedIn:
https://www.linkedin.com/in/harsha-chennuboina-2b9b7a235/

GMail:
Capitallife999@gmail.com
Location: Mumbai, Maharashtra, India

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