Tariff hike to buoy wireless telcos’ revenue in March quarter; full impact expected in Q1FY21

Revenue and EBITDA for wireless telecom service providers are expected to improve sequentially during March quarter 2019-20 fuelled by tariff hike in December, but the full impact is likely only in first quarter of the current fiscal when majority users come for recharge, according to Axis Capital.

Axis Capital, in its recent report outlining Q4FY20 preview, has also anticipated a soft quarter for infrastructure providers, impacted by the COVID-19 outbreak.