Mon, Jul 03, 2017
The telecom sector debt crisis is expected to widen in FY18 on the back of negative cash flows and weaker earnings.
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Fri, Jun 02, 2017
KEY HIGHLIGHTS:
Tue, May 30, 2017
Reliance Communications' shares continue to trade lower as the company hinted as pleading to the government to defer spectrum payments. Telecom sector as a whole too has demanded this with Airtel voicing similar concerns earlier.
Wed, May 10, 2017
Nilanjan Roy, Chief Financial Officer of Bharti Airtel was quoted by Bloomberg as saying, “The industry will engage with government to seek deferral of dues. We need to see if spectrum payments can be deferred as interest costs has risen on higher spectrum related costs.”
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