Expenses in your mobile sector may increase from next April. In order to increase the average monthly income per customer, telecom companies may increase tariffs in the next financial year, according to a report by rating agency ICRA. In addition, in the 2021-22 financial year, data usage is expected to increase significantly, with telecom companies seeing a 13 percent increase in revenue.
As the number of 2G subscribers opting for 4G services is increasing day by day, the average monthly revenue per subscriber of telecom companies will naturally increase. At the same time, the fact that the telecom companies have been signalling a series of tariff hikes could actually increase the monthly bills of ordinary customers for additional data usage and higher tariffs.
On the one hand, while the revenue of telecom companies is expected to increase, on the other hand, the debt burden of the telecom sector is expected to decrease slightly. Rights: The issue of QIP, as well as additional funding in the telecom sector, has reduced the total debt burden in the last financial year. The total debt of the telecom sector was Rs 5 lakh crore on March 31 last year, which has come down to Rs 4.4 lakh crore on March 31.
Government support for the telecom sector is also expected to continue. In November last year, it announced the postponement of instalment payments for spectrum auctions for the fiscal years 2020-21 and 2021-22, which has undoubtedly provided financial support for telecom companies. According to ICRA, companies can expect further relaxation from the government in the coming days in terms of data minimum rates, reduction of levies and spectrum payments.
Incidentally, the corona-lockdown had very little effect on the telecom sector. Because, telecom is identified as an essential service. With all offline recharge points closed for lockdowns, the number of recharges in the market was initially huge. However, after the increase in usage and increase in the first round of tariffs, the average monthly revenue per customer of the telecom sector has increased significantly in the first six months of the current financial year, which is expected to continue in the coming days.
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