"India should reach closer to 30 million subscribers by 2027 and the US will be around 25 million. It will be the real inflection point for India," says Neil Shah, co-founder of Counterpoint Research.
Telecom gear maker Ericsson estimates that India is expected to have 80-100 million 5G FWA subscribers by 2030. In India, fixed broadband services grew slowly at a CAGR of 13 per cent from 21 million subscribers in 2018 to a projected 49 million subscribers in 2024. The FWA service launched by Reliance Jio in September 2023 and followed a few months later by Bharti Airtel is expected to end 2024 with 5 million customers.
This story is from the November 25, 2024 edition of Business Standard.
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This story is from the November 25, 2024 edition of Business Standard.
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