Current Low Telecom Tariffs Unsustainable, Set to Rise in 2018 as Jio Switches Focus: Fitch Ratings
The current low telecom tariffs are unsustainable, and are expected to rise in 2018, as Reliance Jio switches its focus from gaining customers to making reasonable returns on its USD31 billion investment in the sector, Fitch Ratings said, adding that Indian telecom industry's revenue growth is likely to be in the mid-single-digits in 2018, after a decline in 2017. The outlook for the Indian telco sector is improving, which could mean... Read More