Telecom Performance Indicator - Industry 5G Subscribers Base At 7.6 Crore In Q1 FY24: ICICI Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.In Q1 FY24, consumer spend on mobile services (post-GST) rose 2.5% QoQ / 9.7% YoY to Rs 524 billion. Net revenue grew 2.2% QoQ / 9% YoY to Rs 500 billion led by higher intercompany settlements. Postpaid net revenue fell 1.3% QoQ / 3.3% YoY on lower average revenue per user. Bharti Airtel Ltd.’s postpaid sub base (including machine to machine) rose 13.4% QoQ / 38.3% YoY to 40.4 million, and its postpaid sub market share was up 421 basis points QoQ at 42.8%. Prepaid net revenue rose 2.6% QoQ / 10.4% YoY as ARPU increased 3% QoQ / 11.8% YoY to Rs 144. 4G subs base fell 7.8% QoQ (net less: 61.9 million) to 733 million as 5G subs rose 76 million. 4G+5G sub market share for Reliance Jio was up 10 basis points QoQ to 54.2%, while that for Bharti Airtel also improved 20 bp QoQ to 28.4%. Fibre-to-the-home subs market share for Bharti Airtel / RJio improved to 25.8% (+126 bp QoQ) / 18.4% (+37 bp QoQ), respectively..Click on the attachment to read the full report:.Bharat Electronics - Order Inflow Continues To Impress: ICICI Securities.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Telecom Performance Indicator - Industry 5G Subscribers Base At 7.6 Crore In Q1 FY24: ICICI Securities

5G data already at 4.6% of total data usage in Q1 FY24

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Telecom Performance Indicator - Industry 5G Subscribers Base At 7.6 Crore In Q1 FY24: ICICI Securities

5G data already at 4.6% of total data usage in Q1 FY24

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