2.57 lakh crore, while the industry OPBDITA (operating profit before interest, tax, depreciation and amortisation) is expected to grow by 53% in FY2020 and 21% in FY2021 to touch Rs. 27,825 crore in Q2FY2020 from Rs. 38,990 crore in Q2FY2017, said ICRA.However, the current fiscal has witnessed some stabilization of ARPU levels driven by weaning of low ARPU subscribers with the introduction of minimum recharge plans. 5.0 lakh crore. 21,000 crore per year for the existing players, this relief remains limited and we believe AGR dues will weigh heavily on the balance sheet of the industry,” said Anupama Arora, Vice President and Sector Head, Corporate Ratings, ICRA.

Source: Economic Times December 30, 2019 12:11 UTC