New Delhi, Sept. 10 -- India's telecom industry revenue is expected to grow 12-14 per cent in FY27, supported by around 10 per cent growth in average revenue per user (ARPU), even as subscriber additions remain moderate, CareEdge Ratings said in a report.

The rating agency expects subscriber growth to remain at 3-4 per cent in FY27 as India's wireless market approaches maturity. With fewer new subscribers contributing to growth, operators are increasingly relying on higher revenue from their existing customer base.

CareEdge expects another tariff revision in the second half of FY27, along with continued customer premiumization, to drive ARPU growth of around 10 per cent. It said the potential tariff increase comes nearly two years after...