Telecom's share in overall capex may rise in next 5 years on 5G push

Capex of telcos in FY18-22 went up nearly two and a half times to Rs 3.45 trn

The telecom and digital sector witnessed the biggest increase in its share in the overall capex across industries in the past five years — up from 9 per cent during FY13-17 to 17 per cent during FY18-22. Its share in the capex pie is likely to get even bigger in the next five years as the roll-out of 5G services picks up pace.

According to a report by Centrum Broking that looked at data from over 150 companies across sectors, capex spends of telecom companies in FY18-22 went up nearly two and a half times  to Rs 3.45 trillion, against