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This Article is From Apr 20, 2022

Telecom Sector Update - Industrywide SIM Consolidation Continues: Motilal Oswal

Telecom Sector Update - Industrywide SIM Consolidation Continues: Motilal Oswal
A vendor arranges Bharti Airtel Ltd. SIM card packets. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

The Telecom Regulatory Authority of India released subscriber data for February 2022.

Here are the key highlights:

The decline in gross subscriber base for the industry continued for the third consecutive month in February 2022 (down 3.7m to 1,142m versus a 9.4m fall in January 2022) as the industry continues to witness a consolidation in SIM cards.

The number of active subscribers, however, grew 9.5m to 1,016m.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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