Clsa ltd, Investment banking company

Chennai, Sep 15 Indian mobile phone service providers will follow China's 5G and industrial internet line, said CLSA Ltd in a research report.According to the report, Reliance Jio and Bharti Airtel will consolidate their market further and deliver 22-23 per cent EBITA CAGR by FY25CL.China and India have the world's two largest mobile bases, with a combined 2.78 billion (bn) subscribers.The worldwide march to 5G accelerated with China launching SA 5G (standalone standard) in 2020, said the report.Top operator China Mobile's 5G package users now comprise 53 per cent of its 967 million subscribers and network users doubled in the past year to 263 million.According to CLSA, the 5G migration lifted the average revenue per user (ARPU) 10 per cent driven by higher data usage. SA 5G is also the foundation of China's industrial internet, the next big market driver, led by cloud, Internet of Things (IoT) and others which could grow 20-30 per cent YoY to contribute 13-27 per cent of telcos' 2022 revenues.The CLSA said Reliance Jio targets SA 5G while Bharti 5G non standalone access (NSA) will reuse its dense 4G network.The 5G handsets already make up 30 per cent of smartphone shipments and should reach 250 million by FY25.In India, early 5G monetisation will be driven by top-end subscribers, a jump in network capacity and 5G-based enterprise and fixed wireless access (FWA) services.The 5G FWA alone could bring in $5-9bn in annual revenue. Further, 5G will coincide with growing ARPU and market -share gains for Reliance Jio and Bharti Airtel, the report notes.According to CLSA, significant smartphone and ARPU expansion should make India mobile into a $36 bn market by FY25.In the past five years, 4G subscribers have tripled to 761 million while data traffic boomed 18 times, with Reliance Jio's affordable tariffs and digitisation providing support.The sector also consolidated, with Reliance Jio and Bharti Airtel now making up 76 per cent of the market.Reliance Jio is following Bharti Airtel's tariff hikes and sector ARPU is up 53 per cent in three years. But when adjusted for inflation, ARPU is 25 per cent below levels six years ago, the CLSA said.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Clsa LtdFOLLOW

Clsa ltd, Latest News

Health :Social isolation enhances dementia risk factors: Study

Social lifestyle determinants, including social isolation, are associated with neurodegeneration risk factors, according to a new study published in ... ...

Health :Social isolation linked to dementia risk factors: Study

According to a new study published in the open-access journal PLOS ONE by Kimia Shafighi of McGill University in ... ...

International :Indian telecom players to follow China's 5G call route:CLSA

Chennai, Sep 15 Indian mobile phone service providers will follow China's 5G and industrial internet line, said CLSA ... ...