Latest Breaking News On - Telecommunications pricing index - Page 1 : vimarsana.com

ECONET Wireless is seen narrowing losses this financial year before returning to profitability next year as stability in the exchange rate is expected to reduce foreign currency exchange looses, a research firm has said. During this financial year, which ends in February, profitability is likely to remain under pressure as the group has already accrued foreign exchange losses during the first half, brokerage firm IH Securities said. But the reintroduction of the foreign currency auction system in June last year brought stability on the exchange rate and “will work to the advantage” of the telecoms giant. Econet will likely record 521 percent growth in revenue to $21,62 billion in FY21 from $3,48 billion during the same period in 2020.

Telecommunications pricing indexTelecommunications pricingதொலைத்தொடர்பு ப்ரைஸிஂக் குறியீட்டுதொலைத்தொடர்பு ப்ரைஸிஂக்