Exit of Smaller Telcos Good for Industry Structure, but Painful for Stakeholders: Ind-Ra
The exit of smaller telecom operators is good for the industry structure in the long-term but it will be painful for the stakeholders including lenders, a recent India Ratings and Research (Ind-Ra) said. It added that the ability of smaller telcos to survive is shrinking after the disruptive foray of Reliance Jio. The consolidation has accelerated in the last 12-15 months with Telenor India merging with Bharti Airtel Limited, while... Read More
