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Can A Flood Of Funds Turn The Tide For Telecom Operators?
Why just raising funds is not enough for India’s telecom operators...
25 Apr 2019, 08:47 AM IST
India’s telecom operators plan to raise cash and sell assets to pare debt as the tariff war unleashed by Asia’s richest man continues unabated. But that’s unlikely to help their core business unless they increase prices.The planned deleveraging will only allow the operators to lower debt but won’t improve operational performance. The operating income of India’s top two operators has fallen by half in the last two years. And growth ha...
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