Tag: Telecom companies
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Airtel and Jio Tariff Hikes: Experts Predict Telecom Sector Re-rating
Reliance Jio and Bharti Airtel have announced tariff hikes. This move will boost the companies’ average revenue per user and profit, as per the experts. Experts had anticipated these tariff hikes after the Lok Sabha elections due to declining revenues and margins in the sector. Telecom companies need capital to invest in spectrum and cutting-edge ...