Swipe through the latest business and wealth clues with our android app

Worst over in telecom, but still need government help: Sunil Mittal

Long-standing legal disputes and regulatory levies are dragging down the performance of Indian telecom companies who are yet to “emerge out of the woods,” Bharti group chairman Sunil Mittal said. "India still has some of the lowest data tariffs globally and the industry is barely able to cover the cost of capital," Mittal said. "It requires much more support to repair the deep damage to its finances and make it viable for telecom operators to invest in future technologies", he said. Bharti Airtel reported a total subscriber base of 283 million subscribers as at March-end and ARPU of Rs 154.

Read More at The Economic Times News date : 29 Jul 2020, Wednesday

©2020 TheNewsClues