have seen healthy gains in the recent past after the sector's better-than-expected Q4 FY25 results. Investors now believe that the sector is undergoing a major structural shift which is putting telecom stocks back on the radar. While Average Revenue Per User (ARPU) has improved significantly post-COVID, the sector is also experiencing a growing subscriber base and a rise in internet data usage. Experts remain positive about the sector for the long term amid expectations of 12-15% CAGR in ARPU.

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