The financial health of the Indian telecom sector witnessed a significant revival in 2022, with most players reporting positive net profits. A major development on the telco front was the launch of 5G services. The country has started witnessing widespread action in the 5G space, as industry stakeholders are accelerating their efforts to develop a robust ecosystem. Telcos are now focused on accelerating the roll-out of 5G networks across the country. The 5G device ecosystem is also maturing with time. The coming months are going to witness even more widespread action in this space. Moreover, telcos have been raising funds to meet their 5G capital expenditure (capex) requirements, and to purchase 5G network gear and expedite the roll-out process.
As for the telecom infrastructure space, most of the network and equipment provider companies showed substantial improvement in their financial health during 2022 as the demand for fixed broadband and fibre-to-the-home services continued to increase over the year.
A look at the financial performance of select companies in the Indian telecom space…
