ICRA Upgrades Indian Telecom Industry Outlook to Stable
ICRA, a ratings firm, has upgraded the Indian telecom industry outlook. The rating has gone up from negative to stable. This is because the telecom companies are now paying their dues in a timely manner. The most major difference would have come from Vodafone Idea (Vi). The telco was able to increase tariffs, boost revenues, and also raise funds in 2024. This helped Vi in reducing cash stress on the... Read More