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General

India FY telecom sector revenue to jump 28% to INR 505 bln – government

Monday 8 July 2019 | 08:28 CET | News
The Indian government expects the telecom sector to see a 28 percent increase in non-auction revenue to INR 505.19 billion in the fiscal year 2019/20. This compares to INR 392.45 billion in the previous fiscal year ended 31 March 2019, The Economic Times reports, citing official budget documents. The government earlier announced plans to auction 4G and 5G spectrum by December this year.

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Categories: General
Countries: India
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