4G Telecom Service to rake in Rs 79,580 Crore

With unfolding competition in the mobile data market, 4G connections are likely to account for 17 percent of the total user base by 2020 with revenues in the range of Rs 79,580 crore, an Assocham-KPMG report said on Wednesday. 

 

According to the report, the entire business mix of the telecom industry is going to witness a sea change and the introduction of 4G on large scale by one of the largest corporate houses is going to be a major development. 

 

"4G is expected to significantly transform the revenue mix of service providers with estimated Long Term Evolution (LTE) revenues expected to reach Rs 79,580 crore in the next few years," a statement said. 

 

Get live Nifty Future Tips News Updates visit us : http://www.ripplesadvisory.com/nifty-future-.php or Get Two Days Free Trial just on One Missed Call @98-27-80-80-90