First Quarter of FY22 Is Expected to Be Muted One for Telecom Firms: Icicidirect
With wireless revenues expected to be flattish at Rs 14,085 crore, the first quarter of this financial year is expected to be a muted period for telecom firms. Post the Interconnect Usage Charges (IUC) impact in the fourth quarter of the previous financial year; the reporting quarter is marked by the second wave-led lockdown, which impacted subscriber additions. Further, an extension of validity for the bottom of the pyramid customers... Read More