Market Research Report
India Telecommunications Q1 2020
|Published by||Fitch Solutions, Inc.||Product code||191493|
|Published||Content info||64 Pages
Delivery time: 1-2 business days
|India Telecommunications Q1 2020|
|Published: December 17, 2019||Content info: 64 Pages||
We see the Indian telecoms market is showing signs of stabilisation in 2019, most notably in the mobile arena, where operators have been grappling with consecutive quarters of revenue and margin erosion. Operators are now focused on maximising revenue from high-value subscribers, and are also looking at expanding coverage to rural areas for organic subscription growth. 3G continues its rapid decline as subscribers latch on to LTE services, enabled through the proliferation of low-cost smartphones and featurephones. Short-term pressures exist largely in the October 2019 Supreme Court ruling that operators have to pay an additional INR920bn (USD12.8bn) in license fees to the government. We believe that overbearing regulation and scrutiny from the government, coupled with persistent market pressures will weigh on the short-term profitability for operators.