Reliance Jio is well-positioned to deliver strong growth over the next few years, supported by rising telecom tariffs and rapid expansion in its home broadband segment, particularly through Fixed Wireless Access (FWA), according to a report by Jefferies.
India is no longer the cheapest country for telecom services when compared globally, as Bangladesh and Egypt now offer lower base plan tariffs, according to a report by ICICI Securities.
Reliance Jio has continued to drive the industry with new subscriber additions, adding 2.7 times more customers than its nearest competitor Airtel in June 2025, maintaining the highest market share at 41 per cent, latest data from the Telecom Regulatory Authority of India (TRAI) showed.
The average revenue per user (ARPU) for Indian telecom operators is expected to rise 10-12 per cent in the current financial year 2025-26 as rural data consumption surges, according to Crisil Ratings.
Indian telecom operators continue to have one of the lowest monthly average revenue per user (USD 2.5) and the highest monthly data usage (20 GB) in the world.