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India's Telecom Revenue Soars 10.5% Despite Subscriber Losses

1/2/2025

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Summary

Story summary

India's telecom industry is buzzing with a remarkable 10.5% revenue surge, reaching Rs 91,426 crore in the September 2024 quarter. This growth follows significant tariff hikes of 11-25% by major players like Airtel, Jio, and Vodafone Idea. Even with a loss of 1.68 crore subscribers, the average revenue per user climbed 15.31% to Rs 172.57, showcasing resilience in a competitive market.

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Story summary

India's telecom industry is buzzing with a remarkable 10.5% revenue surge, reaching Rs 91,426 crore in the September 2024 quarter. This growth follows significant tariff hikes of 11-25% by major players like Airtel, Jio, and Vodafone Idea. Even with a loss of 1.68 crore subscribers, the average revenue per user climbed 15.31% to Rs 172.57, showcasing resilience in a competitive market.