Crisil, a rating firm, has compiled a report in which it can be seen that Pakistan has beaten India in the Telecom Sector in terms of revenue generation.
The report further states that India Telecom Revenue in Q1 2018 will further go down by 40%.
Crisil in it’s the recent report said,“The competitive intensity in the telecoms industry further intensified since January 2018 after the new entrant started passing on the benefits of a cut in interconnect usage charges to customers through lower tariffs.”
India’s revenue in the sector is suffering because of Reliance Jio ’s which focuses on providing cheap services to its users.
As per The Times of India,“Jio’s pricing moves in the month of January 2018, the impact of international termination rate (ITR) cut effective February 1, 2018, and continued ARPU down trading are likely to reflect in another quarter of sharp sequential revenue decline for the incumbents.”
On the other hand, Pakistan has successfully adapted to 3G/4G technology in recent years, and cellular users are increasing day by day.
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