Indian Telcos Shining

Sunny days are on for India’s telcos

The Indian telecom industry is on an upswing, with the top three telcos, Reliance JioBharti Airtel and Vodafone Idea, recording an increase in average revenue per user (ARPU) on the back of tariff hikes announced by them in November 2021.

Airtel recorded the steepest ARPU increase from INR153 (US$2.10) in the second quarter to INR163 ($2.20) in the quarter ending December 2021. Vodafone Idea’s ARPU recorded an increase of 5.2% to touch INR115 ($1.54), up from INR109 ($1.46) in the September 2021 quarter.

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