'Telcos to see losses for at least 3 more quarters'

Mathews noted that 2018-19 will certainly be a “tough year” in terms of financial performance of the industry, stating that the high incidence of levies like licence fee and spectrum usage charges — compounded by upfront payment for radio waves — have added to the operators’ woes.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PAnCK3