Synopsis
The federal government’s reduction bundle was a lifeline for telcos, notably for Vi. Alternatively, a four-year moratorium is like placing right this moment’s issues to tomorrow. In the meantime, the telcos managed to introduce some tariff hikes in July. Quite a bit occurred within the quarter passed by. ET Prime’s evaluation on the outlook for telcos.
For the telecom business, the second quarter of this monetary yr was like a spherical peg in a sq. gap. It was fairly in contrast to those the business has been used to seeing all these years. Confused? Allow us to clarify. Usually, the second quarter of the monetary yr is a seasonally muted quarter when it comes to motion. Q1 has the zest and zeal of latest initiatives, Q3 has its eye on the closing quarter, and This fall goes by in planning for the following
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