Consolidation in Domestic Telecom Industry Will Create a More Rational Pricing Environment: Report
The issues dogging the telcos are unlikely to subside near-term even though consolidation offers some consolation from a long-term perspective, says a report. Consolidation in the domestic telecom industry will create a more "rational" pricing environment which is a long-term positive, global ratings agency Moody's Investor Service said in a report Wednesday. It can be noted that the entry of the deep-pocketed Reliance Jio in September 2016 has put tremendous... Read More