After 2 yrs of decline, telcos may post 7% revenue growth

New Delhi:Telecom industry is likely to reverse a two-year declining trend with a 7% revenue growth in this financial year owing to an expected 11% increase in average revenue per user (ARPU), according to ratings and research agency CRISILNSE -4.68 %.

ARPU levels will rise on the back of higher data usage and introduction of minimum recharge plans, CRISIL said on Tuesday.