Telco investors await more price increases
- Telecom sector’s net mobile revenues rose 13% year-on-year to an all-time high in FY22
- This was primarily led by price hikes. More increases are needed to boost growth
Telecom services providers closed FY22 with an impressive jump in revenues. A key performance measure for telcos, average revenue per user (Arpu), got a boost from price increases taken in November.
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