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 September 29, 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 September 29, 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: September 29, 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 September 29, 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/