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Telecom Q1 FY23 Performance Indicator - Consumer Spend Growth Remains Healthy: ICICI Securities

In Q1, consumer spend on mobile services rose 2.9% QoQ/20% YoY to Rs 478 bn, aided by part benefit of tariff hike taken in Dec-21.

<div class="paragraphs"><p>Close view of people looking at their smart phones. (Photo: Robin Worrall /Unsplash)</p></div>
Close view of people looking at their smart phones. (Photo: Robin Worrall /Unsplash)
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