In financial year 2023, it was estimated that the debt of the telecommunications industry in India would reach 6.4 trillion Indian rupees. It was a significant increase in comparison with the previous year. It was mostly contributed by the costs of the 5G spectrum auction.
Telecommunications industry debt level in India from financial year 2019 to 2023
(in trillion Indian rupees)
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CARE Ratings. (March 21, 2024). Telecommunications industry debt level in India from financial year 2019 to 2023 (in trillion Indian rupees) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1415903/india-telecommunications-industry-debt-level/
CARE Ratings. "Telecommunications industry debt level in India from financial year 2019 to 2023 (in trillion Indian rupees)." Chart. March 21, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1415903/india-telecommunications-industry-debt-level/
CARE Ratings. (2024). Telecommunications industry debt level in India from financial year 2019 to 2023 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1415903/india-telecommunications-industry-debt-level/
CARE Ratings. "Telecommunications Industry Debt Level in India from Financial Year 2019 to 2023 (in Trillion Indian Rupees)." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/1415903/india-telecommunications-industry-debt-level/
CARE Ratings, Telecommunications industry debt level in India from financial year 2019 to 2023 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1415903/india-telecommunications-industry-debt-level/ (last visited December 21, 2024)
Telecommunications industry debt level in India from financial year 2019 to 2023 (in trillion Indian rupees) [Graph], CARE Ratings, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/1415903/india-telecommunications-industry-debt-level/