The ratings agency, in fact, expects “total tenancies for the tower industry by FY2024 to remain below FY2021 levels” if Vi does not survive and the telecom market is reduced to a duopoly.
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Telecom towercos to face upto 1.8 lakh tenancy losses if Vodafone Idea collapses : ICRA
Telecom towercos to face upto 1.8 lakh tenancy losses if Vodafone Idea collapses : ICRA
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