New Operators Struggle – Analysts Grill Telenor [Uninor's Promoter]
New Telecom Operators with the Weakest Business Case are under fire from various corners. For instance, Etisalat DB is unwilling to even start its operations [Company full of Question Marks and Indian Government's unwillingness to investigate the funding pattern] while Uniinor a JV of Telenor & Unitech is under fire from the former’s investors. While management has a different story to tell – Uninor reiterated their financial targets: achieve EBITDA breakeven in 3 years, cash flow breakeven in 5 years and peak funding below Rs155bn. Uninor management continues to focus on: dynamic pricing, cost efficiency and strengthening its distribution model. All the new operators combined together just have a Revenue Market Share of 1%.
Under Fire to Withdraw, Management highlighted that Read more
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