4G subscriber base to rise 820 million in FY22: Crisil

4G mobile data subscribers to rise to 820 million by the end of March 2022 higher than in the last fiscal because of higher competitive intensity, according to a CRISIL report released Tuesday.

The rating agency said “The pandemic slowed 4G subscriber additions to 12 million in the June 2020 quarter, with smartphone shipments probing new lows. There was recovery in the quarters that followed, but growth in 4G subscriber additions remain below the pre-pandemic rate. However, the March 2021 quarter would have been better because India’s 4G subscriber base is expected to have risen to 710-720 million in fiscal 2021”.