Once Reliance Jio starts operations later this year, the telecom sector is expected to see some serious disruption. For now, the three big boys of the sector – Bharti Airtel, Vodafone and Idea – are growing at a blistering pace, and at the expense of smaller rivals. In the first quarter, the three accounted for 91 per cent of the sector´s incremental revenue. The companies also reported stronger growth in circles where they already have dominant shares.
According to data released by TRAI, for the quarter ended June, the sector´s adjusted gross revenues have grown 13.2 per cent year-on-year, higher than the compounded annual growth rate of 10.1 per cent through FY08-15. During the quarter, the boom in data helped improve growth for the sector. A majority of the incremental revenue share was cornered by the top three due to their dominant position in key markets.
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Home » Top three telcos corner 91% revenue in Q1
Top three telcos corner 91% revenue in Q1
ECONOMY & POLICY
September 1, 2015September 1, 2015

Leave a Reply
You must be logged in to post a comment.