“We expect Bharti and Jio to spend $7.7 billion/$9.1 billion on capex (excluding spectrum) from FY23-25 and expect them to curtail their 3G/4G capex and spend largely on 5G going ahead,” BofA Securities said in a note to clients.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/FbINAUH
Tuesday, August 30, 2022
‘Jio, Airtel 5G capex estimated at $16.8 bln in FY23-25’
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