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Thanks for your interest in our blog. Here is our latest post:
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Indian telco sector faces potential bankruptcies and steep capex cutbacks to cope with October court decision
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The Indian telecom sector is left in tatters following the Supreme Court’s verdict that supported the Department of Telecommunications (DoT) in a dispute with the telcos over how levies are calculated. Already ridden with massive revenue declines (Figure 1) and a collective debt of almost INR7,800B (US$110 billion), Indian telcos have little cash left for future investments including the upcoming …
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