Telcos investment recovery in limbo as tariff hike backfires, price war with satcom services likely in 2025
1 week, 4 days ago

Telcos investment recovery in limbo as tariff hike backfires, price war with satcom services likely in 2025

Live Mint  

New Delhi, The country's private telecom operators face twin challenges on investment recovery in the New Year – customers leaving their network after tariff hikes and satellite players mainly Elon Musk's Starlink eyeing a chunk of their bread and butter data business. According to EY India Markets and Telecom leader Prashant Singhal, the cumulative investment of Reliance Jio, Bharti Airtel and Vodafone Idea was around ₹70,200 crore in 2024. Digital Infrastructure Providers Association Director General Manoj Kumar Singh says the telecom infrastructure sector looks at a cumulative investment of ₹92,100 crore to ₹1.41 lakh crore in 2022-2027 to support the 5G ecosystem. Private telecom operators led by Mukesh Ambani-promoted Jio have been for strongly protesting against the administrative allocation of spectrum to satellite broadband service providers like Elon Musk's Starlink.

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