Today news
About the same in other media
Telecom sector revenue won't grow beyond high-single digits in coming quarters: Jefferies
Reading now: 632
Telecom sector revenue won't grow beyond high-single digits in the coming quarters without a tariff hike, though the presence of 207 million 2G users will continue to drive upgrades and support average revenue per user (ARPU) growth for India's top two telcos in the medium term, say analysts.
However, they expect 5G capex spends to decelerate from FY25 onwards, which would pave the way for free cash flow (FCF) generation for the country's private carriers after a 13-year gap, which would be a big catalyst for re-rating, going forward. «Revenue growth for the sector remains in high single-digits and needs a tariff hike for improvement, but lower network costs could offset margin impact of higher sales & marketing costs,» Jefferies said.
About this in other media
India's rice area grows on higher prices, cotton sowing lags economictimes.indiatimes.com /1 year ago
India Q1 GDP: Growth may moderate in the coming quarters; should investors be worried? livemint.com /1 year ago
Web3 and the Financial Sector: Must-Knows for Business Leaders cryptonews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
