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Broadband sector to drive telecom industry growth, create new jobs: Report

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Bengaluru

The increasing demand for high-speed internet and data-centric services is expected to propel India’s broadband market forward, with growth projected at a steady 9-10% Compound Annual Growth Rate (CAGR) in the coming years, according to a recent report by TeamLease Services.

Currently, wired broadband penetration in India is around 13%, but this is likely to rise as providers focus more on broadband due to its higher Average Revenue Per User (ARPU) compared to traditional mobile services.

Beyond connectivity, this growth is driving job creation across the telecom sector. Skilled professionals are in demand, particularly in sales for customer acquisition as broadband reaches new regions. Additionally, installation and maintenance teams, including network operations personnel and customer service agents, are essential to support this expansion and ensure smooth service delivery.

‘The broadband penetration rate is still only at 13%, but with the adoption of 5G and satellite internet on the horizon, we’re approaching a major transformation. This shift is creating a wave of job opportunities across various roles,’ explained Subburathinam P, Chief Strategy Officer at TeamLease Services.

Key trends shaping broadband’s future include the rollout of 5G wireless broadband, also known as air fiber, which brings faster speeds and greater reach. Meanwhile, projects like BharatNet are enhancing rural connectivity, and the anticipated introduction of satellite-based internet is expected to bring high-speed internet to remote areas, fueling competition and driving sector growth.

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