Airtel, Vodafone & Idea up focus on secondary businesses to up revenues: Report
Bharti Airtel, Vodafone India and Idea Cellular, India’s top telecom operators have increased focus on their secondary businesses to offset revenue related challenges in their mobile operations, according to an Economic Times report. These telcos’ respective revenues from the mobility business are set to go down following Reliance Jio’s free offer, coupled with the government’s move to demonetize Rs 500 and Rs 1000 notes. These developments could reduce their Ebitda... Read More