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Telecom tariffs to rise 13-15% in FY27: HSBC

Financial Express Mumbai

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February 24, 2026

THE AVERAGE REVENUE per user (Arpu) for telecom operators could see a 13-15% lift in FY27, buoyed by headline tariff hikes later in the year, analysts said in a recent report by HSBC.

- URVI MALVANIA

The report also said that though Vodafone Idea’s recent AGR relief improves its financial runway, it doesn’t materially alter the competitive dynamics.

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