Mobile data revenues to reach Rs 95,500 cr by 2020-21: ICRA

NEW DELHI, June 14: Data revenues for the Indian telecom companies would grow to Rs 95,500 crore by 2020-21 at a compounded annual growth rate (CAGR) of 21 per cent over the next 5 years, ratings agency ICRA said in a study on the Indian telecom sector. Data revenues are expected to contribute 34 per cent to the total mobile service revenues from the current levels of around 20 per cent. The study stated that on December 2015, the broadband subscribers (3G and 4G) comprised 46 per cent of the total data subscribers for the ICRA Sample (1), as against just 8 per cent as on June 2012. (IANS)