Telecom sector revenues back at pre-Jio levels2 min read . Updated: 27 Feb 2021, 12:26 AM IST
According to data issued by Trai, net mobile revenues rose 4.5% sequentially to $25 billion in the December quarter. The last time the sector earned $25 billion was in the June quarter of calendar year 2016
Revenues of India’s telecom sector have rebounded to levels seen in the years prior to Reliance Jio Infocomm Ltd’s foray into September 2016 that led to widespread disruptions with nearly-free voice and data offers, forcing others to drastically cut prices.
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