INSUBCONTINENT EXCLUSIVE:
KOLKATA: Competition levels in the telecom sector are set to ease significantly next year and the industry blended average revenue per user
(ARPU) likely to recover some lost ground with Reliance Jio slated to pursue a less aggressive pricing strategy in calender 2019, global
carriers to match rates to hold on to customers, galvanising consumption of voice and data services
launch its ultra fast fibre-to-the-home services nationally soon under the GigaFiber brand.
Credit Suisse recently said the recent buyout of
cable TV operators, Den Networks and Hathway Cables would give Jio a headstart in the home broadband turf, which could pose a threat to
announced plans to raise Rs 25,000 crore through equity and more by selling its fibre network assets, moves likely to bolster its balance
sheet, help it catch up on capex and defend turf in its fight against Jio and Airtel
two-stage fund raising exercise to cut debt
The second stage will be an Airtel Africa initial public offer to raise a similar sum around May-June next year.
Fitch, however, said
