Care Ratings: Telecom Sector Update

The ARPU of India’s telecom industry touched Rs 90 after a long gap of 12 quarters in the three months ended March 31, 2020.

Passengers use smartphones at Mumbai Central railway station in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

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Care Ratings Research Report

The telecom industry’s average revenue per user touched Rs 90 (YoY growth of 28.2%) mark in the March 2020 quarter after a long gap of 12 quarters.

This was primarily backed by price hikes (up to 40%) undertaken by the telcos for its prepaid users from the month of December 2019 onwards.

On a sequential basis, the ARPU increased by 16.3% in the March 2020 quarter.

The double-digit improvement was seen not just at the ARPU level but was also witnessed for data usage and charges in Q1 FY21.

Click on the attachment to read the full report:

Care Ratings Telecom Sector Update December 2020.pdf
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