The telecom carrier is betting big on growing teledensity in rural areas, rise in consumption patterns and demand for smartphones.
Bharti Airtel and Vodafone Idea have been losing subscribers at a fast rate, owing mainly to their introduction of the minimum recharge plans.
The initiative could be a game changer for the two rival telcos as well as the consumer conglomerate.
With revenues stabilising, HR experts expect manpower to increase by 5% by the end of March 2020.
A senior official at the department of telecommunications said the Tatas must exit Tata Communications, especially after the consumer mobility business of Tata Teleservices (TTSL) was sold to Bharti Airtel.
Telcos say high cost of using Aadhaar database will force operators to transfer the expenses to the customer.
Tata Communications may be merged with TCS and the rest of the business may be sold as separate business ventures.
Budget 2019: Telecom industry missed out in the Budget, COAI hopes sector will be included in post Budget review
DG, COAI, said stressed that the sector has been “significant engine for GDP growth, rural inclusion, women empowerment and affordable communication services and ubiquitous connectivity”.
Telco needs funds for optic-fibre expansion and to prepare for upcoming spectrum sales.
Telcos may steer clear of buying RCom’s airwaves – even if put to sale – to avoid clashes with the DoT.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon