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India's telecom market, among the world's largest, has experienced significant growth in the past decade, contributing to the country's socio-economic development and bridging the rural-urban digital gap.

India's booming telecom market, driven by affordable tariffs, widespread mobile number portability adoption, expanded 3G and 4G coverage, and evolving consumer patterns, is poised for 5G expansion. High-speed internet demand fuels industry growth, with AI and IoT applications heralding transformative possibilities. Government initiatives like Make in India and the PLI scheme have spurred local manufacturing, establishing India as a global leader in telecommunications.

Grant Thornton Bharat is committed to empowering organisations with the resources they need to thrive in today's rapidly evolving business landscape. Survival and growth for organisations would hinge on embracing a strategic and agile business model.

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Union Budget 2026 webinar

A detailed discussion on Union Budget 2026 announcements and their relevance for businesses and India’s economic landscape.

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Experience across the value chain

We offer deep expertise across the telecom value chain, partnering with operators, OEMs, infra firms, and service providers to support growth and transformation.

Functional support for enhancing value

Our team delivers end-to-end support from risk, ESG, tax, and cyber to finance, compliance, and digital transformation to help telecom players stay ahead.

Business support for unlocking value

Excelling in deal advisory, transaction support, corporate restructuring, and IPO advisory, we maximise value potential for our clients.

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Toolkit for prevention of financial frauds via Calls & SMS

Access RBI’s regulatory guidelines, key safeguards, and our expert services to help you detect, prevent, and respond to fraud attempts via calls and SMS.

Our insights

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Internal audit services to telecom service provider

Problem statement

The company is one of the leading telecom service providers in India. Grant Thornton Bharat was engaged to provide IA and IFC services.

Our Solution

We implemented a risk-based integrated IA approach to address IA, IFC IT, and anti-fraud risks during our audit review. Our rolling IA plan spans three years, focusing on high-risk areas annually, and incorporates extensive analytics...

Impact

We provided extensive subject matter expertise to the client and enhanced the assurance over design and operational effectiveness of the controls. The client also utilised our pragmatic recommendations to mitigate key risks in the audit...

Staff augmentation for telecom service provider

Problem statement

The company is one of the leading telecom service providers in India, and they required staff augmentation services.

Our solution

Some of the key activities that we assisted the client with under staff augmentation included AGR computation for the calculation of license fee and spectrum usage charges and scenario analysis, data migration checks to SAP from the legacy...

Impact

The client developed baseline documentation to conduct internal assessments and enhance decision-making. They also implemented a centralised repository for documentation management.

Internal audit using data analytics

Problem statement

The company is the world's leading and most diverse derivatives marketplace. We were appointed to deploy specialised resources for data analytics.

Our solution

We deployed analytics specialists as part of the internal audit team, and a combination of data analytics tools (Python, SQL, and Tableau) were used for IA engagement. As part of the planning phase, our knowledge repository was used to...

Impact

IA team was able to provide an enhanced level of assurance to the Board and Audit Committee through 100% analysis of the population. Analytics also helped the company to move repeatable analytic steps from the third line of defence to the...

Telecom