The lockdown is expected to arrest 4G subscriber addition and churn while accelerating SIM-consolidation, Edelweiss said in its latest telecom sector update. Maintaining a positive stance on the sector, it however flagged specific but "distant" risks including possibility of a prolonged economic slowdown eroding consumers' ability to spend.
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Tuesday, April 21, 2020
Higher dependence on digital tools amid lockdown driving demand for telecom services: Report
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