- We feel sector is at inflexion point.
- Sector's overall market size (total revenue of telecom sector) has declined in last five years despite more usage of data, more number of subscribers and digital services usage, due to ARPU going lower with entry of JIO.
- Now onwards, it's a matter of time, we will see again market size slowly will keep increasing with increase in ARPU - its win –win for all.
- In last five years, price of each commodity, article and service have gone up except your monthly charge of mobile expenses.
- Bet BIG on telecom, now it's not who's gain and who's loss, if ARPU goes up significantly, all three players (Reliance, Bharti, Idea) will make money (like we seen in steel, cement, chemical etc), the return ratios will look good.