Sector
Telecommunication sector explained
Companies that run mobile and fixed-line phone and internet networks, own telecom towers, or make telecom equipment and cables.
Companies we cover
1 company in Telecommunication
Bharti Airtel
BHARTIARTLBharti Airtel sells mobile, broadband and TV services to 482.4 million customers in India and 183.5 million in Africa, with revenue of ₹210,973 crore in FY26.
Data depth: RichCovers Q1 FY27
How companies in this sector earn
How do Telecommunication companies make money?
- Mobile operators earn monthly bills and prepaid recharges from users, mostly for data and calls.
- Revenue per user rises when operators raise tariffs or users move to costlier plans.
- Tower companies rent space on their towers to operators under long contracts.
- The biggest costs are spectrum (airwaves bought at government auctions), network equipment, power for towers and licence fees.
Who regulates it
Department of Telecommunications (DoT) · Telecom Regulatory Authority of India (TRAI) · Telecom Disputes Settlement and Appellate Tribunal (TDSAT)
What moves results across the sector
- Tariff changes announced by the large mobile operators.
- Spectrum auctions and payment terms set by the Department of Telecommunications.
- Monthly subscriber data from TRAI, including active mobile users and broadband connections.
Words you'll meet
Key terms
- ARPU
- Average revenue per user: what an operator earns from each customer in a month.
- Spectrum
- Radio frequencies that operators buy from the government at auctions to carry calls and data.
- AGR (adjusted gross revenue)
- The revenue figure on which operators pay licence fees and spectrum charges to the government.
- Churn
- The share of customers who leave an operator in a period.
- Tele-density
- Telephone connections per hundred people in an area.
Key facts
Telecommunication in numbers
- How many telephone connections does India have?
- India had 1,360.70 million telephone subscribers at the end of August 2026: 1,312.25 million wireless and 48.45 million wireline, per TRAI. The wireless count includes machine-to-machine and fixed wireless connections. (Source: Telecom Regulatory Authority of India (TRAI))
- How many broadband connections does India have?
- India had 1,101.21 million broadband subscribers at the end of August 2026, up from 1,094.48 million at the end of July 2026, per TRAI. Without machine-to-machine connections, the count was 1,010.28 million. (Source: Telecom Regulatory Authority of India (TRAI))
- How many mobile users are active?
- TRAI counted 1,207.59 million active wireless (mobile) subscribers in August 2026, measured on each operator's busiest network day (peak VLR). (Source: Telecom Regulatory Authority of India (TRAI))
Sources
- Highlights of Telecom Subscription Data at the end of August 2026 (Press Release No. 125/2026), Telecom Regulatory Authority of India (TRAI), 28 Sep 2026
Last updated 25 Oct 2026.
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