Telcos have headroom for more 15% tariff hikes in FY27, says JPMorgan; raises target for Bharti Airtel, Vodafone Idea
Telecom companies including Bharti Airtel and Vodafone Idea have the headroom to take another 15% tariff hikes in FY27 due to affordability of service as compared to other Asian countries, and a benign regulatory environment, analysts said. The unfavorable ruling by the Supreme Court last month in the Adjusted Gross Revenue (AGR) case necessitates annual … Read more