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Broadband sector to drive telecom industry growth
The Free Press Journal
|October 30, 2024
The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years, according to a report on Tuesday.
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The report by TeamLease Services, a people supply chain company, showed that the penetration of wired broadband in India currently stands at around 13 per cent. This figure is expected to accelerate as service providers prioritise broadband services over traditional mobility products due to higher Average Revenue Per User (ARPU).
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The Free Press Journal
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