ICRA, a Moody’s Investors Service Company Wednesday said that the Indian rupee depreciation would prove to be a double whammy for the telecom sector, and can increase the cash outgo by nearly Rs 4,000 crore and additional fuel burden of Rs 2,000 crore in 2019 fiscal.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2O3jiGI
Wednesday, October 3, 2018
Rupee depreciation, diesel price hike to erode Rs 6,000 crore from telecom sector
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