{"id":824474,"date":"2024-06-21T09:52:56","date_gmt":"2024-06-21T04:22:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=824474"},"modified":"2024-06-21T10:01:08","modified_gmt":"2024-06-21T04:31:08","slug":"telecom-sector-fy24-revenue-up-87-vs-lows-of-fy19-post-jio-clsa","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/21\/telecom-sector-fy24-revenue-up-87-vs-lows-of-fy19-post-jio-clsa\/","title":{"rendered":"Telecom sector FY24 revenue up 87% vs lows of FY19, post Jio: CLSA"},"content":{"rendered":"<p>Telecom sector revenue in FY24 stood at Rs 2,39,900 crore ($29 billion), surging 87% from the lowest point of FY19, soon after the launch of Reliance Jio\u2019s services, and around 40% higher than the historical highs of FY16, before the Mukesh Ambani-owned telco started their commercial offerings, CLSA said in a report.<\/p>\n<p>With Jio and Airtel continuing to gain subscribers overall, mainly at the cost of Vodafone Idea, the two top telcos combined controlled 78% of sectoral revenue. CLSA expects this to rise to 83% by FY26 with Vodafone Idea still to roll out 5G services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom sector revenue in FY24 stood at Rs 2,39,900 crore ($29 billion), surging 87% from the lowest point of FY19, soon after the launch of Reliance Jio\u2019s services, and around 40% higher than the historical highs of FY16, before the Mukesh Ambani-owned telco started their commercial offerings, CLSA said in a report. With Jio and Airtel continuing to gain subscribers overall, mainly at the cost of Vodafone Idea, the two top telcos combined controlled 78% of sectoral revenue. CLSA expects this to rise to 83% by FY26 with Vodafone Idea still to roll out 5G services.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-824474","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=824474"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/824474\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=824474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=824474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=824474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}