Just In
- 4 hrs ago OnePlus 13 Early Leak Hints at a Revamped Camera Island, and Fast Charging to Remain at 100W
- 6 hrs ago Realme NARZO 70x 5G With 45W Charging Confirmed to Launch on April 24 Under Rs 12,000
- 6 hrs ago Samsung Neo QLED, OLED TVs Launched in India with AI-Driven Features
- 7 hrs ago Google Wallet is Coming to India Soon: Listing Appears on the Play Store
Don't Miss
- Movies Ranneeti: Balakot & Beyond OTT Release EXCLUSIVE! Director Santosh Singh Reveals How Jimmy Shergill & Lara Dut
- News TIME's 100 Most Influential People: Alia Bhatt, Sakshi Malik, Satya Nadella, Dev Patel Feature In List
- Sports T20 World Cup 2024: Hardik Pandya Almost A Certainty In Team India's Probable 20 Squad; Suspense Over Sanju Samson, Shubman Gill, Shivam Dube
- Education SCCL Recruitment 2024; Application process, Selection criteria and more
- Finance 1:2 Split: Rs 220-To-3,720, Defence PSU HAL Rises 1561% Post Covid, 440% Dividend Paid; 3 Brokerages Say BUY
- Automobiles Mahindra 3XO SUV Latest Teaser Reveals Connected Car Tech: All Details Here
- Lifestyle World's First Miss AI Pageant Announced, Know All About The Rise Of AI Beauty
- Travel From Coconut Breaking on Head to Men Dressing as Women: 12 Unique Indian Rituals Explored
Slow Conversion From 2G To 4G Might Affect Revenue In FY21: Report
Telecom operators have become very active, ever since the lockdown was announced. Operators have introduced several benefits to help their consumers. However, a new report suggested that there the conversion from 2G to 4G is not going to happen at a large scale due to the nationwide lockdown.
It's believed that the overall revenue of the private telecom operators might fall this financial year, even though people are using more data these days."A sharp fall in 2G to 4G smartphone conversions" as availability of 4G smartphones would be disrupted if the lockdown is prolonged," Rajiv Sharma, research head at SBICap Securities was quoted by Economic Times.
"These conversions may have added 15 percent on-year growth in overall data consumption, and consequently, telco data ARPUs (average revenue per user) in FY21...this won't happen...," Sharma said.
Similarly, an analyst from Fitch ratings believes that the lockdown will affect the performance of all three telcos i.e Reliance Jio, Airtel, and Vodafone-Idea. He said that there are chances that data demand will decline as companies are not selling new phones.
"In such a situation, data demand could decline, overall, as subscribers won't be able to buy smartphones and migration from voice-only customers to 4G would slow down," Nitin Soni, director (corporates) at Fitch said. The firm also believes that smartphone sales are likely to be decreased by 30 percent between April to June.
Furthermore, all three operators had added 45 million users in December last year due to high smartphone sales. However, the situation has been changed now and no one is buying is smartphones. In fact, some sources close to the development said that smartphone companies are planning to reduce their workforces at their retail stores. It is worth mentioning here that handset makers are likely to face another issue with the workers, once the lockdown ends.
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
11,999
-
3,999
-
2,500
-
3,599
-
8,893
-
13,999
-
32,999
-
9,990
-
25,377
-
23,490