Indian telecom players to follow China’s 5G call route: CLSA

Chennai: Indian mobile phone service providers will follow China’s 5G and industrial internet line, said CLSA Ltd in a research report.

According to the report, Reliance Jio and Bharti Airtel will consolidate their market further and deliver 22-23 per cent EBITA CAGR by FY25CL.

China and India have the world’s two largest mobile bases, with a combined 2.78 billion (bn) subscribers.