Muted June quarter for telcos amid lower subscriber additions: Analysts
In its analysis, bulk of the subscriber addition happened in June 2021, post the start of unlocking across the country Operators cost should benefit from lower subscriber acquisition cost and other expenses (Source: PTI) PTI
Updated Jul 19, 2021, 8:19 AM IST
Analysts have predicted a muted June quarter for telecom companies due to slow smartphone sales amid lockdowns, free recharges given by telcos for low income users to help them stay connected during the pandemic and moderate subscriber additions.
In its note, J M Financial said while it expects subdued activity in the lower ARPU (Average Revenue Per User) category and consolidation of SIM similar to 1QFY21 period it remains cautious of a possible sequential decline in usage metrics.
Analysts expect muted June qtr for telcos amid lower subscriber additions
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Analysts expect muted June quarter for telcos amid lower subscriber additions
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