Why Q3FY23 results of telcos won't be music to your ears
Investors would do well to watch out for management commentary on tariffs and 5G expansion.
The December quarter (Q3FY23) financial results of telecom companies are set to be lacklustre. A key factor driving this will be the modest sequential growth in average revenue per user (Arpu) due to the lack of tariff hikes and slowing benefit from premiumization.
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