Telecom sector revenue seen growing 12-14% in FY27 as ARPU rises 10%: Report

New Delhi: India’s telecom industry revenue is expected to grow 12-14% in FY27, supported by around 10% growth in average revenue per user (ARPU), even as subscriber additions remain moderate, CareEdge Ratings said in a report.

The rating agency expects subscriber growth to remain at 3-4% in FY27 as India’s wireless market approaches maturity. With fewer new subscribers contributing to growth, operators are increasingly relying on higher revenue from their existing customer base.

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