Company lists
The India edition · 2026

Telecom operatorscompanies in India

Mobile operators, broadband & fiber, cable TV, business communication, telecom infrastructure and more: the companies building telecom operators in India, with their founders, funding, team size and business models.

866 company profiles348 with reported revenue9 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent telecom operators business events in India

Funding, M&A, contract wins and launches involving 1,216 telecom operators companies in India, last 24 months: 177 Contracts · 46 M&A deals · 30 launches · 18 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Announced

Bharti Airtel acquires Airtel africa

The law firm, AZB & Partners, advised Bharti Airtel Limited in relation to a share swap deal with Indian Continent Investment Limited, Mauritius for the acquisition of stake in Airtel…

Telecommunications
ContractGovernment

Railtel corporation of india · client: Government of karnataka

RailTel has received a work order from the Additional Commissioner for Transport (Enforcement), Government of Karnataka for the implementation of an Intelligent Traffic Management System…

Digital infrastructure, smart mobility, traffic monitoring
FundingDebt

Vodafone idea

A consortium of lenders led by the State Bank of India (SBI) is considering extending Rs 25,000 crore in debt funding to Vodafone Idea, signalling improved lender confidence following…

Telecom
LaunchReliance Jio Rs 500 Plan

Reliance jio

Reliance Jio Rs 500 Plan Bundles YouTube Premium

Telecom Plan
LaunchCloudLyte

Tata communications

Tata Communications today unveiled its fully automated computing platform CloudLyte.

Platform
ContractService

Railtel corporation of india · client: Uttar Pradesh Police Recruitment and Promotion Board

RailTel's Rs 43.96 crore order from UP Police Recruitment Board to provide security-related ancillary services during recruitment examinations.

Security Services
ContractSupply

Hfcl · client: Na

HFCL also announced that it has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas…

Telecommunications Infrastructure
LaunchIZO™ DC Dynamic Connectivity

Tata communications

Tata Communications today redefined resilience for the global digital economy with the launch of IZO™ Data Centre* Dynamic Connectivity, a software‑defined platform designed to transform…

Software‑defined network platform
M&AAcquisition · Completed

Braiin acquires Vis networks

Following its recent listing on Nasdaq with an approximate market capitalisation of $1.62 billion (~INR 14,500 Crore) (as on 26th Mar 2026), global artificial intelligence and digital…

Customer Experience (CX) solutions
Funding

Wiom

Through 2025, the technology investor deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma, and Arivihan.

Investors Prosus
ContractSupply

Hfcl · client: A global multinational corporation

HFCL said it has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fibre Cables (OFC) through its overseas, wholly owned…

Telecommunications
ContractSupply

Pace Digitek · client: Railtel corporation of india

Pace Digitek has secured an advance Letter of Award worth ₹89 crore from RailTel Corporation of India. The company will supply, install, and commission an IP-based video surveillance…

Railway technology infrastructure
ContractSupply

Lineage power · client: Bharat sanchar nigam (bsnl)

Lineage Power, a material subsidiary of Pace Digitek, has received a purchase order valued at ₹943.51 million (~$10.46 million) to supply battery modules, racks, and associated…

Telecom
LaunchVoWiFi

Bharat Sanchar Nigam

Bharat Sanchar Nigam Ltd has announced an important pan India digital upgrade Voice over Wi-Fi popularly known as Wi-Fi Calling.

Voice over Wi-Fi service
Contract

Vodafone Group · client: Vodafone idea

Vodafone Group will set aside 3,280 million of its shares in Vodafone Idea for Vi’s benefit.

Telecom
ContractSupply

Lineage power · client: Bharat sanchar nigam limited

Pace Digitek Ltd on 31 December 2025 informed stock exchanges that its material subsidiary, Lineage Power Private Limited, has received an advance purchase order worth ₹94.35 crore,…

Telecom
M&AAcquisition · Announced

Bharti enterprises acquires Haier India

Bharti Enterprises, led by billionaire Sunil Mittal, along with global private equity firm Warburg Pincus, is set to acquire a 49 per cent stake in Haier India, according to industry…

Home appliances
ContractSupply

Nvidia · client: Jio Platforms

NVIDIA has commenced the delivery of its latest GH200 AI chips to Indian partners Tata Communications and Jio Platforms.

AI Infrastructure
ContractInfrastructure

HFCL, Rail Vikas Nigam Limited (RVNL), Aerial Telecom Solutions · client: Bharat sanchar nigam limited

HFCL, along with its consortium partners Rail Vikas Nigam Limited (RVNL) and Aerial Telecom Solutions, emerged as the lowest (L1) bidders, earning over ₹8,100 crore contracts from Bharat…

Infrastructure
ContractTechnology

Sahana · client: Railtel corporation of india

Sahana System Limited, through a stock exchange filing, announced that it has received a Letter of Acceptance (LOA) from RailTel Corporation of India Ltd for a major technology…

Digital infrastructure
LaunchGTPL Infinity

Gtpl hathway

GTPL Hathway has taken a major step forward with the launch of GTPL Infinity, its new HITS (Headend in the Sky) platform built on one of the world’s largest C-Band teleports in Ahmedabad.

Platform
LaunchGTPL Infinity

Gtpl hathway

GTPL Hathway Limited, India’s largest Digital Cable TV provider and a leading broadband service provider, today announced the launch of GTPL Infinity, it’s Headend in the Sky (HITS)…

Headend in the Sky (HITS) platform
M&AAcquisition · Completed

Na acquires Bharti Airtel

Cyril Amarchand Mangaldas (“CAM“) advised Goldman Sachs (India) Securities Private Limited (the “Placement Agent“) which acted as the placement agents for the sale of 34,300,000 equity…

M&AAcquisition · Announced

Long-term institutional investors acquires Airtel

Indian Continent Investment Limited (ICIL), part of Bharti Airtel's promoter group, sold 34.30 million shares representing 0.56% stake in the telecom major for Rs 7,200 crore through a…

Telecom
FundingBond sale

Bharti Telecom

India’s Bharti Telecom, the holding company of Bharti Airtel, is looking to raise $1 billion through a bond sale, its second in two months, two sources aware of the matter said on Friday.

Telecommunications
LaunchGoogle AI Pro

Reliance jio

Reliance Jio has widened access to its latest digital offer, allowing users of all age groups to claim 18 months of free Google AI Pro.

AI subscription
ContractTechnology

Chipex Technologies Private Limited · client: Mic electronics

MIC Electronics, through a stock exchange filing, announced that it has entered into a Memorandum of Understanding (MoU) with Chipex Technologies Private Limited to co-develop…

Semiconductor
Contract

Shaurrya Teleservices · client: Bharat sanchar nigam limited

Additionally, the firm has reportedly signed agreements with incumbent telecom operators like Reliance Jio, Bharti Airtel, Vodafone Idea Limited and Bharat Sanchar Nigam Limited (BSNL)…

Telecom operators companies in India, by revenue

Browse telecom operators companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 348 telecom operators companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Global telecommunications company

Telecom operators
₹151,417.80 crFY 2023-24
Not reported
99,843+10% 12 mo to Mar 2024LinkedIn · Jul 2026
31 yr1995
78postings · last posted Sep 2026

Provider of telecommunication services

Telecom operators
₹115,088.00 crFY 2024-25
+14%2024–2025
99,901+4% 12 mo to Nov 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of mobile telecommunication and wireless internet services

Telecom operators
₹44,591.90 crFY 2024-25
+4%2024–2025
38,180+6% 12 mo to Mar 2024LinkedIn · Jul 2026
8 yr2018
51postings · last posted Aug 2026

Provider of international roaming, telephone, wifi, and broadband services

Telecom operators
₹23,446.15 crFY 2024-25
+10%2024–2025
11+97766% vs previous recordLinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of mobile telephony, broadband internet, and other related services

Telecom operators
₹7,337.50 crFY 2023-24
Not reported
—Not available
31 yr1995
—No postings tracked

Provider of telecom equipment and fiber cables

Telecom operators
₹4,122.28 crFY 2024-25
-10%2024–2025
3,823+8% 12 mo to Jul 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months · last posted Feb 2026

Provider of fibre optic internet and public WiFi network services

Telecom operators
₹3,551.04 crFY 2024-25
+35%2024–2025
353-1% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
0none in 3 months

Multi system operator providing cable TV and internet service.

Tv broadcasting services
₹3,507.23 crFY 2024-25
+8%2024–2025
2,573-55% vs previous recordLinkedIn · Jul 2026
20 yr2006
4postings · last posted Aug 2026

Provider of broadband internet, fixed telephony, mobile, and other telecommunication services

Telecom operators
₹1,373.10 crFY 2023-24
Not reported
2,920-4% 12 mo to Sep 2024LinkedIn · Jul 2026
40 yr1986
—No postings tracked

Fixed line and wireless internet services provider

Telecom operators
₹1,169.75 crFY 2021-22
Not reported
636LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Fixed-line broadband and cable TV services provider

Tv broadcasting services
₹1,211.72 crFY 2024-25
-8%2024–2025
699-28% 12 mo to Mar 2023LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of communication & CX management services

Telecom operators
₹519.34 crFY 2024-25
+36%2024–2025
737LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of wireless satellite broadband internet services for business sectors

Telecom operators
₹494.49 crFY 2024-25
+32%2024–2025
—Not available
16 yr2010
0none in 3 months

Fiber optic internet services provider

Telecom operators
₹432.56 crFY 2024-25
-1%2024–2025
12LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Technology company that provides a range of services, including broadband, managed internet, and IT solutions, catering to various industries

Telecom operators
₹385.50 crFY 2023-24
-2%2023–2024
59LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Indian Telecommunications service provider

Telecom operators
₹391.00 crFY 2024-25
-14%2024–2025
18,135-24% 12 mo to Dec 2022LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of fibre optic broadband internet services

Telecom operators
₹383.93 crFY 2024-25
+17%2024–2025
—Not available
10 yr2016
1postings · last posted Jul 2026

Provides integrated communications solutions for domestic segment

Telecom operators
₹323.73 crFY 2021-22
Not reported
51-6% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
—No postings tracked

Provider of high-speed wired broadband and infotainment services

Telecom operators
₹350.98 crFY 2024-25
-1%2024–2025
319LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Fiber-optic internet and TV services provider

Telecom operators
₹349.04 crFY 2024-25
+12%2024–2025
199+25% 12 mo to Aug 2023LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Satellite communication services provider

Telecom operators
₹323.70 crFY 2024-25
+68%2024–2025
590+0% 12 mo to Mar 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Satellite communication services provider

Telecom operators
₹269.01 crFY 2021-22
Not reported
171+20% 12 mo to Aug 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months · last posted Jun 2026

Fixed line, wireless telecom and IPTV services provider

Telecom operators
₹273.98 crFY 2023-24
-32%2023–2024
1,140+2% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
0none in 3 months

Provider of broadband services

It services
₹217.61 crFY 2023-24
+25%2023–2024
47+6% 12 mo to Mar 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Business internet, email, security and IP services provider

Telecom operators
₹207.41 crFY 2024-25
-44%2024–2025
1,932+19% 12 mo to Oct 2023LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026
50 of 866 companies shown here · the full list is on Radar
Fliar Radar

Explore all 866 telecom operators companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open telecom operators in India on Radar
  • Every company, not just 50All 866 telecom operators companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore telecom operators companies in India by what you are looking for

Browse the top telecom operators in India, from mobile operators to broadband and cable providers. You can also find telecom companies in India that are listed, new startups and those hiring now.

8 ways to explore telecom operators in India

Mobile operators & cellular network providersBroadband & fiber internet providersCable TV & broadcasting operatorsBusiness phone, VoIP & cloud communicationTelecom infrastructure & network equipmentListed telecom operators in India

Mobile operators & cellular network providers

Mobile network operators offering cellular, wireless and roaming services.

  1. Airtel

    Global telecommunications company

    Telecom operators
    See in list
  2. Jio

    Provider of telecommunication services

    Telecom operators
    See in list
  3. Vodafone Idea

    Provider of mobile telecommunication and wireless internet services

    Telecom operators
    See in list
  4. Bharat Sanchar Nigam

    Provider of international roaming, telephone, wifi, and broadband services

    Telecom operators
    See in list
  5. Aircel

    Aircel is a leading telecom service provider with pan-India operations.

    Telecom operators
    Website

Broadband & fiber internet providers

Wired broadband, fiber-optic and public WiFi internet service providers.

  1. GTPL Hathway

    Multi system operator providing cable TV and internet service.

    Tv broadcasting services
    See in list
  2. Netplus

    Fixed line and wireless internet services provider

    Telecom operators
    See in list
  3. SITI Networks

    Fixed-line broadband and cable TV services provider

    Tv broadcasting services
    See in list
  4. Hughes

    Provider of wireless satellite broadband internet services for business sectors

    Telecom operators
    See in list
  5. Blue Lotus Support and Services

    Technology company that provides a range of services, including broadband, managed internet, and IT solutions, catering to various industries

    Telecom operators
    See in list

Cable TV & broadcasting operators

Cable and digital TV operators that also offer broadband.

  1. GTPL Hathway

    Multi system operator providing cable TV and internet service.

    Tv broadcasting services
    See in list
  2. SITI Networks

    Fixed-line broadband and cable TV services provider

    Tv broadcasting services
    See in list
  3. Ortel Communications

    Online platform for delivering television broadcast services

    Telecom operators
    Website
  4. Akshaya Diginet

    Provider of digital television services, channel packages, and related customer support

    Telecom operators
    See in list
  5. Asianet Broadband

    Fixed-line telecom and TV services provider

    Tv broadcasting services
    Website

Business phone, VoIP & cloud communication

VoIP, virtual phone systems and contact center platforms for businesses.

  1. RTDS

    Provider of hosting and telephony services

    It services
    See in list
  2. Big V

    Cloud based telephony solutions to small and medium businesses

    Telecom operators
    See in list
  3. Vision Cell

    Developer of virtualization and automation software for computing and cloud services

    Telecom operators
    See in list
  4. astTECS

    Provider of cloud based VoIP telephony services

    Telecom operators
    Website
  5. Unified Voice Communication

    Provider of VoIP services for business

    Telecom operators
    Website

Telecom infrastructure & network equipment

Towers, cabling, satellite links and network equipment for telecom networks.

  1. Hughes Communications India

    Satellite communication services provider

    Telecom operators
    See in list
  2. M2M Cybernetics

    Network integration and equipment distribution services provider

    Enterprise networking
    See in list
  3. nuron

    Provider of internet and network solutions with routers

    Telecom operators
    Website
  4. NETSAT COMMUNICATIONS

    Provider of satellite communication infrastructure and maintenance services

    Telecom infrastructure
    Website
  5. Niral Network

    Provider of cloud-native 5G edge networking solutions for enterprises

    Enterprise networking
    Website

Listed telecom operators in India

Publicly listed telecom operators and service providers in India.

  1. Airtel

    Global telecommunications company

    Telecom operators
    See in list
  2. Vodafone Idea

    Provider of mobile telecommunication and wireless internet services

    Telecom operators
    See in list
  3. Bharti Hexacom

    Provider of mobile telephony, broadband internet, and other related services

    Telecom operators
    See in list
  4. HFCL

    Provider of telecom equipment and fiber cables

    Telecom operators
    See in list
  5. RailTel Corporation of India

    Provider of fibre optic internet and public WiFi network services

    Telecom operators
    See in list
15 companies in India

Telecom startups in India

Recently founded telecom companies in India.

  1. Rig India

    Provider of fiber internet services

    Telecom operators
    Website
  2. NeologOnline

    Provider of wireless internet services

    Telecom operators
    Website
  3. Inbox Telecommunications

    Provider of application-to-person messaging, voice, and communication platform as a service

    Telecom operators
    Website
  4. Gsurf

    High-speed internet service provider offering internet connectivity to residential and commercial customers

    Telecom operators
    Website
  5. Onenet Fiber

    Provider of wired and wireless internet, voice, television, and cloud services

    Telecom operators
    Website
79 companies in India

Telecom companies hiring in India

Telecom operators and providers in India with open roles right now.

  1. Airtel

    Global telecommunications company

    Telecom operators
    See in list
  2. Vodafone Idea

    Provider of mobile telecommunication and wireless internet services

    Telecom operators
    See in list
  3. HFCL

    Provider of telecom equipment and fiber cables

    Telecom operators
    See in list
  4. GTPL Hathway

    Multi system operator providing cable TV and internet service.

    Tv broadcasting services
    See in list
  5. Tata Play Fiber

    Provider of fibre optic broadband internet services

    Telecom operators
    See in list
16 companies in India
Mobile reach

Top 10 telecom operators apps from India

The most-installed Android apps published by telecom operators companies headquartered in India — 1184.9M installs between them. 146 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

MyJio: For Everything Jio

by Jio

Installs887.2M
Rating4.4127.3M ratings
Installs, year on year+15%
Last updatedJun 2026
View on Google Play ↗
MyJio: For Everything Jio screenshot 1MyJio: For Everything Jio screenshot 2MyJio: For Everything Jio screenshot 3MyJio: For Everything Jio screenshot 4MyJio: For Everything Jio screenshot 5MyJio: For Everything Jio screenshot 6
2

Vi: Recharge, Payments & Games

by Vodafone Idea

Installs231.2M
Rating4.656.0M ratings
Last updatedMay 2026
View on Google Play ↗
Vi: Recharge, Payments & Games screenshot 1Vi: Recharge, Payments & Games screenshot 2Vi: Recharge, Payments & Games screenshot 3Vi: Recharge, Payments & Games screenshot 4Vi: Recharge, Payments & Games screenshot 5Vi: Recharge, Payments & Games screenshot 6
3

My Airtel - Bangladesh

by Airtel

Installs44.2M
Rating4.7886K ratings
Installs, year on year+30%
Last updatedApr 2026
View on Google Play ↗
My Airtel - Bangladesh screenshot 1My Airtel - Bangladesh screenshot 2My Airtel - Bangladesh screenshot 3My Airtel - Bangladesh screenshot 4My Airtel - Bangladesh screenshot 5My Airtel - Bangladesh screenshot 6
5

my Excitel

by Excitel

Installs2.8M
Rating3.66104K ratings
Last updatedMay 2026
View on Google Play ↗
my Excitel screenshot 1my Excitel screenshot 2my Excitel screenshot 3my Excitel screenshot 4my Excitel screenshot 5my Excitel screenshot 6
6

Wiom: रिचार्ज वाला घर का नेट

by Wiom

Installs2.6M
Rating5.0143K ratings
Last updatedJun 2026
View on Google Play ↗
Wiom: रिचार्ज वाला घर का नेट screenshot 1Wiom: रिचार्ज वाला घर का नेट screenshot 2Wiom: रिचार्ज वाला घर का नेट screenshot 3Wiom: रिचार्ज वाला घर का नेट screenshot 4Wiom: रिचार्ज वाला घर का नेट screenshot 5Wiom: रिचार्ज वाला घर का नेट screenshot 6
7

GTPL Buzz

by GTPL Hathway

Installs2.2M
Rating3.2617K ratings
Installs, year on year+15%
Last updatedJun 2026
View on Google Play ↗
GTPL Buzz screenshot 1GTPL Buzz screenshot 2GTPL Buzz screenshot 3GTPL Buzz screenshot 4GTPL Buzz screenshot 5
8

Rethink: DNS + Firewall + VPN

by RethinkDNS

Installs952K
Rating4.13K ratings
Installs, year on year+55%
Last updatedNov 2025
View on Google Play ↗
Rethink: DNS + Firewall + VPN screenshot 1Rethink: DNS + Firewall + VPN screenshot 2Rethink: DNS + Firewall + VPN screenshot 3Rethink: DNS + Firewall + VPN screenshot 4Rethink: DNS + Firewall + VPN screenshot 5Rethink: DNS + Firewall + VPN screenshot 6
9

Bharat Caller ID & Anti Spam

by BharatCaller

Installs860K
Rating—
Last updatedOct 2025
View on Google Play ↗
Bharat Caller ID & Anti Spam screenshot 1Bharat Caller ID & Anti Spam screenshot 2Bharat Caller ID & Anti Spam screenshot 3Bharat Caller ID & Anti Spam screenshot 4Bharat Caller ID & Anti Spam screenshot 5Bharat Caller ID & Anti Spam screenshot 6
The business behind the activity

Telecom operators financials in India

Revenue, profit and growth from the filed annual accounts of 332 telecom operators companies in India for FY24-25 — 404 of the 866 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 95% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹318,619.98 cr

332 companies filing accounts

combined net profit₹7,494.14 cr

2.4% aggregate margin

are profitable71%

236 of 332 companies

median revenue~₹2.3 cr

the typical company

median revenue growth+5%

into FY24-25

earned by the top five95%

revenue concentration

Six-year view

Combined revenue of filing companies

₹133,143.38 crFY19-20314 filers
₹147,965.93 crFY20-21326 filers
₹157,619.49 crFY21-22340 filers
₹265,542.35 crFY22-23346 filers
₹281,187.66 crFY23-24352 filers
₹318,619.98 crFY24-25332 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 310 companies over three years

+22%
FY22-23₹258,204.59 cr−₹20,433.94 cr net
FY23-24₹278,431.94 cr−₹12,126.25 cr net
FY24-25₹314,651.41 cr₹18,873.42 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr11852% profitable
₹1–10 cr13081% profitable
₹10–100 cr5791% profitable
₹100–1,000 cr1872% profitable
Over ₹1,000 cr956% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking143
0–20%87
20–50%54
50–100%17
Doubled+25

326 companies with accounts for both years; median growth +5%.

Profitability

Profit is concentrated at the top

236profitable
95loss-making
2.4%aggregate margin
1.9%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
AlphionALPHION INDIA PRIVATE LIMITED
Datalogics IndiaDATA LOGICS INDIA PRIVATE LIMITED
Big VBIGV TELECOM PRIVATE LIMITED
AspirareASPIRARE COMMUNICATIONS PRIVATE LIMITED₹36.08 cr
Hughes Communications IndiaHCIL COMTEL PRIVATE LIMITED+68%₹323.70 cr
WiomOMNIA INFORMATION PRIVATE LIMITED+58%₹25.71 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
PromonPromon Software Solutions Private Limited
DEN BroadbandDEN BROADBAND LIMITED
Station SatcomSTATION SATCOM PRIVATE LIMITED29.2%₹68.08 cr
NettlinxNETTLINX LIMITED
HiPoint ConnectHIPOINT CONNECT PRIVATE LIMITED22.5%₹10.73 cr
JioRELIANCE JIO INFOCOMM LIMITED21.5%₹115,088.00 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Telecom operators316₹315,614.36 cr~₹2.2 cr72%2.4%
Leaders

Largest telecom operators companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
JioRELIANCE JIO INFOCOMM LIMITED₹115,088.00 cr₹24,795.00 cr21.5%+14%
AirtelBharti Airtel Limited₹110,308.60 cr₹23,501.80 cr21.3%+15%
Vodafone Idea, Vodafone IndiaVodafone Idea Limited₹44,183.20 cr−₹27,442.10 cr-62.1%+4%
Bharat Sanchar NigamBHARAT SANCHAR NIGAM LIMITED₹23,426.52 cr−₹2,246.52 cr-9.6%+10%
Bharti HexacomBharti Hexacom Limited₹8,729.70 cr₹1,493.60 cr17.1%+19%
RailTel Corporation of IndiaRAILTEL CORPORATION OF INDIA LIMITED₹3,551.04 cr₹299.81 cr8.4%+35%
Tata TeleservicesTATA TELESERVICES LIMITED₹2,389.76 cr−₹1,334.95 cr-55.9%
GTPL HathwayGTPL HATHWAY LIMITED₹2,223.00 cr₹47.80 cr2.2%—
MTNLMAHANAGAR TELEPHONE NIGAM LIMITED₹1,307.02 cr−₹3,323.51 cr-254.3%+0%
Netplus Broadband ChandigarhNETPLUS BROADBAND SERVICES PRIVATE LIMITED₹432.56 cr₹15.45 cr3.6%-1%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full telecom operators landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the telecom operators landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Telecom operators funding and M&A across India

72 recorded equity rounds have gone to 1,216 telecom operators companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months3

US$63.00m

raised over five yearsUS$238.97m

16 rounds in India

M&A deals, India46

last 24 months

Capital by year

Equity funding into telecom operators in India

amount rounds
$5.4m20185
$14m20195
$20bn202015
$22m20214
$33m20225
$17m20231
$104m20243
$63m20253

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2020, with US$20.11bn across 15 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$33k2 rounds · median US$33k
SeedUS$9.13m4 rounds · median US$2.30m
Series AUS$28.69m3 rounds · median US$10.00m
Series BUS$76.65m3 rounds · median US$21.00m
Series CUS$124.46m4 rounds · median US$23.50m
Where the money went · five years

Most-funded sub-sectors

Telecom infrastructure techUS$136.61m4 rounds · 1 companies
Telecom operatorsUS$92.35m11 rounds · 6 companies
It servicesUS$10.00m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

40Acquisition
6Merger

Most active acquirers

  1. Bharti Telecom9
  2. Reliance jio5
  3. Bharti Airtel4
  4. Tata communications3
  5. Sar televenture3

Most acquired or merged

  1. Bharti Airtel6
  2. Airtel4
  3. Vodafone idea4
  4. Indian Continent Investment3
  5. Commotion2

Each deal appears in the events strip at the top of the page.

Telecom operators funding in India

9 telecom operators companies in India have recorded equity funding, US$20.28bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind telecom operators companies in India. 166 of 866 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India telecom operators companies by sub-sector

The most common specialisations among telecom operators companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring telecom operators in India and nearby markets.

Coming soon