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Revenue growth of Indian telcos to slow down in FY21 due to pandemic induced slowdown: Fitch

India pandemic prevention Coronavirus
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The telcos have been struggling to ensure this base is able to recharge their subscriptions since the lockdown was first implemented in late March Revenue and EBITDA growth of Indian telcos in the financial year ending March 2021 (FY21) will slow due to lower data growth and weaker economic activity amid the coronavirus pandemic, noted Fitch Ratings in a report today.

The ratings agency however expects the pandemic led slowdown to largely impact low average revenue per user (ARPU) base. The telcos have been struggling to ensure this base is able to recharge their subscriptions since the lockdown was first implemented in late March. “Notwithstanding the effect of the pandemic, we expect FY21 industry mobile service earnings before interest,

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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