Wednesday 23 August 2017

Recoverly brgins for telecom incumbents,

After two quarters of pain.
revenue of telecom operators are expected to stabilize in the June quarter, estimate brokerage.

While revenue will be elusive, the earlier sharp cut in realisations are expected to reduce with companies reporting flat to marginal drops
in revenue. While there is nothing to write home about, it would be much better than the prior to quarters of a 6 to 7%
revenue declines each on a sequential bases.

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