MUMBAI/NEW DELHI: India’s telecom players have set the cash registers ringing for the December quarter with a 4% hike in revenues, bringing cheer to
the industry that saw earnings decline sequentially for the preceding two quarters.
The industry notched up Rs 39,756 crore during the quarter ended December 31, helped by a recovery in earnings from both mobile and landline services that have been sliding for the previous six months. Mobile and landline revenues were at Rs 31,100 crore, up 0.5% from September 09, according to an ET analysis of the figures submitted by telcos to Trai. On the wireless front, the sector clocked Rs 26564.5 crore, a 0.7% growth, during this period.
Telecom sector's revenue up by 4%- Telecom-News By Industry-News-The Economic Times
the industry that saw earnings decline sequentially for the preceding two quarters.
The industry notched up Rs 39,756 crore during the quarter ended December 31, helped by a recovery in earnings from both mobile and landline services that have been sliding for the previous six months. Mobile and landline revenues were at Rs 31,100 crore, up 0.5% from September 09, according to an ET analysis of the figures submitted by telcos to Trai. On the wireless front, the sector clocked Rs 26564.5 crore, a 0.7% growth, during this period.
Telecom sector's revenue up by 4%- Telecom-News By Industry-News-The Economic Times