Satellite communication user base may rise to 1.5-2 mn by 2025: Icra

The user base of satellite communication in India is expected to increase to about 1.5-2 million by 2025, clocking revenue of nearly Rs 5,000-6,000 crore annually, if the operating environment eases, Icra said on Monday.

While satellite communication would be beneficial to areas deprived of the traditional network, it will be “quite expensive”, making its adoption slow.

The “restricted” operating environment, “vague” licensing policies and “uncertainty” around spectrum allocation for satellite communications puts India in the backseat, Icra said in a statement.

“In India, if the operating environment eases, satellite communication user base is expected to rise to around 1.5-2 million by 2025, generating a revenue of around Rs 5,000-6,000 crore annually,” it said.