November 05, 2024 12:20 (IST)
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Telecom companies witness weak ARPU growth in 2024

Telecom companies witness weak ARPU growth in 2024

New Delhi: The telecom companies in India have witnessed a significantly smaller rise in Average Revenue Per User (Arpu) at 7.5 percent in FY24, against nearly 20 percent in FY23, media reports said, citing the latest government data.

ICRA revises outlook for telecom sector; says ARPU to increase to Rs 174 by FY23 end

ICRA revises outlook for telecom sector; says ARPU to increase to Rs 174 by FY23 end

Ratings agency ICRA has revised the industry outlook for the telecom sector from 'negative' to 'stable' as the tariff hike by three big companies, Reliance Jio, Vodafone, and Bharati Airtel, following Centre's reforms package, is likely to increase the industry average revenue per user (ARPU) and also support telco companies to profit.