Demonetization: Idea Cellular is the most vulnerable telecom operator
Idea Cellular is the most vulnerable telecom operator to demonetization due to its greater exposure to rural markets where the impact of the ban on old Rs 500 and Rs 1,000 currency notes is higher, according to a report published in the Economic Times. The report, citing Bank of America-Merrill Lynch analysis, said that around 54% of the Aditya Birla group company’s revenues flow in from ‘Category B & C’... Read More