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Telecom News Revenue of Indian telecom operators to reach $63 billion by 2026: Ericsson

• The main reasons behind the boost in revenue would be due to population growth, increased penetration

and high GDP growth • The revenue of telecom operators in India is likely to reach USD 63 billion or over Rs 4 lakh crore from

traditional services by 2026 due to growth in economy and population, a report from Swedish telecom gear maker Ericsson said. Telecom operators also have potential to add another 20 percent incremental revenue if they diversify their offerings for business segments by using 5G technology, it said.

• “Operator revenues from traditional services (voice and data) are likely to grow from USD 37 billion (Rs 2.37 lakh crore) to USD 63 billion in India by 2026 due to population growth, increased penetration and high GDP growth,” the report said.

• As per official data, the adjusted gross revenue (income from telecom services) of telecom operators was Rs 1,63,604.7 crore for the year ended December 31, 2016.The report projects that 5G enabled digitization revenues in India will be USD 25.9 billion by 2026 and telecom operators can gain half of the total potential by expanding their offerings beyond traditional business. The revenue of telecom operators in India is likely to reach USD 63 billion or over Rs 4 lakh crore from traditional services by 2026 due to growth in economy and population, a report from Swedish telecom gear maker Ericsson said.

• Telecom operators also have potential to add another 20 percent incremental revenue if they diversify their offerings for business segments by using 5G technology, it said.”Operator revenues from traditional services (voice and data) are likely to grow from USD 37 billion (Rs 2.37 lakh crore) to USD 63 billion in India by 2026 due to population growth, increased penetration and high GDP growth,” the report said.

• As per official data, the adjusted gross revenue (income from telecom services) of telecom operators was Rs 1,63,604.7 crore for the year ended December 31, 2016.The report projects that 5G enabled digitization revenues in India will be USD 25.9 billion by 2026 and telecom operators can gain half of the total potential by expanding their offerings beyond traditional business.

Source: http://www.bgr.in

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