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Airtel, Vodafone, Idea to invest 25% more in network capex over 2 years

Bharti Airtel, Vodafone India and Idea Cellular, which are already facing pressure due to the entry of Reliance Jio, may spend around Rs 80,000 crore in network capital expenditure (Capex) over the next 2 years, which is 25% higher than the aggregate network capex in the previous two fiscals, CRISIL Research said. “This has come at a time when profitability and operational cash flows are expected to come under pressure […]

from Telecom Talk https://telecomtalk.info/airtel-vodafone-idea-invest-25more-in-network-capex-over-2years/157764/

via: https://telecomtalk.info/airtel-vodafone-idea-invest-25more-in-network-capex-over-2years/157764/

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