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Telecom sector braces for tariff hike after election as analysts

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mgrti.com

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newsletter@mgrti.com

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Fri, Apr 12, 2024 06:21 AM

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Telecom Sector Braces For Tariff Hike After Election As Analysts Predict 15-17% Rise The telecom sec

Telecom Sector Braces For Tariff Hike After Election As Analysts Predict 15-17% Rise The telecom sector is likely to witness a substantial tariff hike ranging between 15 and 17 per cent following the wrapping up of the upcoming general elections, as per an analyst report. This projection is underscored by the term "imminent," as stated in the report. Notably, Airtel is positioned to get the most significant advantages from this tariff adjustment. The general election is scheduled to take place in seven phases, starting on April 19 and concluding on June 1. The eagerly awaited results are scheduled to be announced on June 4. "We expect the industry to take a 15-17 per cent tariff hike post the elections," states a report from Antique Stock Broking. The tariff increase was described as imminent, with Airtel being identified as the primary beneficiary in the report. The most recent increase, approximately 20 per cent, occurred in December 2021, as stated. [Read more](3D/0/2) If you would prefer not receiving our emails, please [Click Here](3D)

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