Be wary of domino effect of telecom mess on financial industry: Dipen Sheth, HDFC Securities

I do not see the telecom industry having sustainable pricing power or consumer franchise in the way that we used to think about 15 or 20 years ago. We dropped the sector after we figured out that it is impossible to figure out the way forward for many of these guys, says Dipen Sheth, Head,

What is going to happen in the telecom sector?
We do not have coverage on any of the telecom companies. We dropped it after we figured out that it is impossible to figure out the way forward for many of these guys.