India telecom sector reports lowest revenue growth in last 6 years

IndiaTimes of India — NEW DELHI: Telecom industry’s revenue grew 6.5% last year, the lowest since 2010, despite the sector witnessing a further addition of 79 million active subscribers during the period, says GSM industry body COAI. “If I go back to 2010, the industry has consistently been delivering double digit growth of about 10%. After years of constant revenue growth of double digit, it has come to the level of 6.5%,” industry body COAI’s outgoing chairman and Idea Cellular  MD Himanshu Kapania said at an event.

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