Telecom sector fundamentals improved in March quarter: Report
"Overall, operational trends continued to improve for the telecom sector in Q4 FY20 with ARPUs for Bharti, Vodafone-Idea and Reliance Jio rising 14 per cent, 11 per cent and 2 per cent, respectively, quarter on quarter," India Ratings said in the report. The rise in ARPU was driven by a 20 per cent tariff hike undertaken by the telcos in December 2019.