India's telecom market hits Rs. 429,087 crore

NEW DELHI, INDIA: The Voice&Data Annual India Telecom industry Survey 2014 (V&D100) results released by CyberMedia Group today, reveals that the industry grew by 10.8 percent over FY 2012-13.

The equipments segment grew at a little higher rate of 11.6 percent compared to 10.1 percent growth registered by services.

The total revenues generated in the telecom industry in India for the FY 2013-14 stood at INR 429,087 crore compared to INR 387,298 crore for the previous financial year.

Services segment that includes enterprise as well as user services of voice, data and other services fetched cumulative revenues of INR 233,793 crore (54 percent of total revenues) while the equipments and solutions including carrier infrastructure, enterprise communications and user communication devices' revenues amounted to INR 195,294 crore (46 percent of total revenues).

Ibrahim Ahmed, group editor Voice&Data said: "The ghost years of the India Telecom industry seem to have gone and we are seeing both - infrastructure as well as services grow. This indicates that while the operators are reaping the benefits of investments made over the years, they are still investing to delight the customers by offering new world class services."

In terms of the telecom service providers offering voice and data services to individuals as well as enterprises, the list is dominated by the mobile service providers.

The top three telecom service providers in the country - Airtel, Vodafone and Idea account for more than 50 percent of the services revenues for FY 2013-14.

Launch of data services essentially 4G and strengthening of 3G services launched in previous years are continuing to strengthen the position of the operators in the market and hence yield better revenue results for them. Among the major service providers, Uninor has registered the maximum YoY growth of over 21 percent.

On the equipment vendors' side, Samsung, Nokia and Indus Towers lead the vendor and solution providers' community with the top three players contributing a little over 29 percent of the total India Telecom Equipment revenues for FY 2013-14.

From the vendors' side, the list of leading players is dominated by user devices manufacturers, tower companies and telecom core equipment vendors. Among the vendors Micromax has shown phenomenal YoY growth of over 115 percent in revenues.