As of 2018, the ratio of profits from the corporate telecom sector to India's GDP had plummeted to negative 0.14 percent from 0.05 percent in 2013. Rising capex investments and balance sheet expansions without commensurate returns along with intense competition were some of the reasons for this drastic fall in profits of this sector.
Ratio of profits from the telecom sector to the GDP in India from 2003 to 2018
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Motilal Oswal Group. (January 24, 2019). Ratio of profits from the telecom sector to the GDP in India from 2003 to 2018 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1051211/india-telecom-sector-profits-to-gdp-ratio/
Motilal Oswal Group. "Ratio of profits from the telecom sector to the GDP in India from 2003 to 2018." Chart. January 24, 2019. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1051211/india-telecom-sector-profits-to-gdp-ratio/
Motilal Oswal Group. (2019). Ratio of profits from the telecom sector to the GDP in India from 2003 to 2018. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1051211/india-telecom-sector-profits-to-gdp-ratio/
Motilal Oswal Group. "Ratio of Profits from The Telecom Sector to The Gdp in India from 2003 to 2018." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1051211/india-telecom-sector-profits-to-gdp-ratio/
Motilal Oswal Group, Ratio of profits from the telecom sector to the GDP in India from 2003 to 2018 Statista, https://www.statista.com/statistics/1051211/india-telecom-sector-profits-to-gdp-ratio/ (last visited November 04, 2024)
Ratio of profits from the telecom sector to the GDP in India from 2003 to 2018 [Graph], Motilal Oswal Group, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1051211/india-telecom-sector-profits-to-gdp-ratio/
