Data usage and 4G additions set to boost telcos’ revenues in Q3

Kolkata: Telecom sector revenue is set to increase 3-4% quarter-on-quarter in the October-December period, on the back of decent 4G additions and rising data usage in the seasonally stronger third quarter of the financial year, according to analysts.

Revenue could increase more than 5% sequentially in the fourth quarter, they said, if Bharti Airtel extends its recent sharp increase in base rates in Odisha and Haryana to other circles, and if Reliance Jio and Vodafone Idea (Vi) take a cue from the Sunil Mittal-led telco.