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India’s revenue from fixed communication services, such as fixed wireless access (FWA) and wired broadband, is expected to rise to $16.5 billion in 2029 from $12.8 billion in 2024, growing at a compounded annual rate (CAGR) of 5.2%, on strong demand for broadband services, according to a report.But voice communication over fixed line is set to fall at 1.7% over 2024鈥2029, underlined by a drop in average revenue per user as more and more subscribers adopt mobile/app-based communication services, and as operators include free voice minutes with their fixed line bundled plans, the report by GlobalData said Thursday.鈥淔ixed broadband services revenue, on the other hand, will increase at a CAGR of 5.7% during 2024鈥2029, driven by the growth in broadband subscriptions, especially fiber broadband, and with the recent introduction and planned expansion of FWA services by Reliance Jio Infocomm (Jio) and Bharti Airtel over the next few years,鈥 Srikanth Vaidya, telecom analyst at GlobalData, said in the report.GlobalData expects India鈥檚 fiber optic lines to hold about 94% of total broadband lines in 2029, supported by the government’s investments in fiber network infrastructure and operators鈥 FTTH (fiber-to-the-home) service expansions. As a result, fiber optic service revenue is expected to increase at a CAGR of 6.4% between 2024 and 2029.Jio is set to lead the country鈥檚 fixed broadband services market in terms of subscription share over the period, supported by its strong position in the growing FTTH service segment and efforts to expand its FWA services.Live EventsJio and Airtel have been offering their respective 5G FWA services since late 2023. India had 7.5 million FWA subscribers as of April 2025, including Jio’s 6.14 million and Airtel’s 1.36 million. FWA additions 鈥 730,000 鈥 in April had already surpassed fixed broadband 鈥 370,000 鈥 and constitute 60鈥80% of the overall monthly broadband additions, an Axis Capital report said.鈥淩ising demand for high-speed internet services and competitively priced fiber broadband plans from operators, with benefits like unlimited internet and access to major SVoD platforms, are expected to drive fiber broadband service adoption in India during the forecast period,鈥 said Vaidya.He added that India鈥檚 fixed broadband market was entering a phase of accelerated digital transformation. 鈥淕oing forward, sustained infrastructure investments and evolving consumer preferences for high-speed, content-rich broadband experiences will be pivotal in shaping the next wave of growth in India鈥檚 fixed communication landscape.鈥(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onIndia fixed communication services revenuefixed wireless accessfiber broadband market Indiawired broadband growthtelecom industry growthJio broadband servicesbroadband subscriptions growthGlobalData reportbharti airtel
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onIndia fixed communication services revenuefixed wireless accessfiber broadband market Indiawired broadband growthtelecom industry growthJio broadband servicesbroadband subscriptions growthGlobalData reportbharti airtel(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless