Fitch expects telecom industry Ebitda to increase by 40% this FY20-21
Fri, Feb 5, 2021 3:00 PM

Fitch expects telecom industry Ebitda to increase by 40% this FY20-21

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Rating agency Fitch expects operating incomes of the telecom industry to increase by 40% in the FY20-21 compared to 25% in the previous one, backed by a strong performance of Reliance Jio Infocomm and Bharti Airtel. The EBIDTA of the two rivals will be further propelled by higher tariffs, shift of customers to 4G and data usage of 12GB-16GB per user per month.

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