alexa
Indianmoney.com Missed Call Number
 
Home News Reliance Jio Onslaught Bleeds Telcos

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Child Insurance ULIPsClick Here
 
 
Reliance Jio Onslaught Bleeds Telcos

Reliance Jio Onslaught Bleeds Telcos

Thursday, January 5, 2017, 1:20 PM

Because of impact of the Reliance Jio launch and demonetization, India’s leading telecom companies are expected to report sharp drop in operating profit margins in the December quarter. Analysts are expecting a 10-20% drop in the operating profit of Airtel and Idea, sequentially. In the case of Idea, where debt is high, a drop in operating margins will result in heavy losses.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!