Revenue from 4G Set to Reach.`80,000-Cr in Next Few Years: Assocham-KPMG report

NEW DELHI: Indian telecom industry’s Long Term Evolution (LTE), or 4G, revenues will reach about Rs 80,000 crore in the next few years, significantly transforming the revenue mix of service providers, according to an Assocham-KPMG report.

The joint report said that the high speed 4G connections would account for 17 per cent of the total user base by 2020.

“The entire business mix of the telecom industry is going to witness a sea change. The unveiling of 4G on a large scale by one of the largest corporate houses is going to be a major development.”

The Mukesh Ambani-led 4G telco Reliance Jio launched its operation with an Welcome Offer on September 5, offering services free of cost till the end of this this year.

Bharti Airtel, Vodafone India, Idea Cellular and RCom are also offering high-speed 4G LTE services in the country. On the hype around the new entrant and impact on the incumbent players, Assocham secretary general DS Rawat said,

“The potential in the data market has not been utilized even to the extent of onethird of its size. There would be room for most of the established and a new player. However, consumers would have more choices at affordable pricing.”