Telecom industry grows 11% to Rs 429,087 cr in FY14

The telecom industry rose by 10.8% in FY 2013-14 on the back of robust growth in the services space, according to the Voice&Data annual India telecom industry survey 2014 (V&D100) results, released by CyberMedia Group. The total revenues generated in the telecom industry in India for FY 2013-14 stood at Rs 429,087 crore compared to Rs 387,298 crore in the previous financial year. Services segment, which includes enterprises as well as user services of voice, data and other services, recorded cumulative revenues of Rs 233,793 crore, contributing 54% of the total revenues. 

The revenues of equipment and solutions, including carrier infrastructure, enterprise communications and user communication devices', amounted to Rs 195,294 crore (46% of total revenues). The equipment segment grew at a little higher rate of 11.6% against 10.1% growth registered by services. Ibrahim Ahmed, group editor, Voice&Data, said, "The ghost years of the India Telecom industry seem to have gone and we are seeing both - infrastructure as well as services grow. This indicates that while the operators are reaping the benefits of investments made over the years, they are still investing to delight the customers by offering new world class services." 

The top three telecom service providers in the country--Airtel, Vodafone and Idea-accounted for more than 50% of the services revenues for FY 2013-14 as the launch data services essentially 4G and strengthen their 3G services base. Among the major service providers, Uninor has registered the maximum YoY growth of over 21%. On the equipment vendors' front, Samsung, Nokia and Indus Towers lead the vendor and solution providers' community with the top three players contributing a little over 29% of the total India telecom equipment revenues for FY 2013-14. From the vendors' side, the list of leading players is dominated by user devices manufacturers, tower companies and telecom core equipment vendors.

 Among the vendors, Micromax has shown phenomenal YoY growth of over 115% in revenues. This year, Voice&Data jointly conducted the industry survey with CMR (CyberMedia Research). The survey segmented the entire telecom industry into 25 segments across equipment and services and sized each of them by revenues for the FY 2013-14. It also identified the leaders in each of the segments with their estimated market shares, besides highlighting the major trends in each of these segments. 

Source: voicendata.com