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Jazz Posts Double Digit Growth in Revenues During Q1 2021

Jazz Posts Double Digit Growth in Revenues During Q1 2021 Jazz strengthened its leading position in the market in Q1 2021 and is back to double-digit growth in revenue, maintaining its strategic focus on 4G penetration and expanding digital services. Jazz today announced that it generated its highest-ever revenue of Rs. 55.05 billion during Q1 2021, which is about 11.7 percent higher than the revenue of Rs. 49.282 billion that it had reported during the same quarter last year. The company that the revenue growth was mainly due to a strong quarter for the mobile data revenue that had grown by 28.4 percent year-on-year (YoY). ALSO READ

Strategy Analytics: Mobile Data Revenue Falls Below US$1 per Gigabyte as 5G Uplift Proves Elusive

Strategy Analytics: Mobile Data Revenue Falls Below US$1 per Gigabyte as 5G Uplift Proves Elusive Mobile operators are still struggling to create ARPU uplift from network upgrades as mobile data revenue fell below US$1 per Gigabyte for the first time in Q4 2020. According to the latest report from Strategy Analytics (News - Alert), Mobile Data Revenue per Gigabyte Falls Below US$1 as 5G Ramps Up , weak service revenue growth in the strong 5G markets of South Korea and China paint a challenging picture for consumer 5G value creation across the globe in 2021. Figure 1. Mobile Data Revenue per Gigabyte in $USD (Source (News - Alert): Strategy Analytics, Inc.)

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