Covid-19 outbreak may be a silver lining for telcos - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Covid-19 outbreak may be a silver lining for telcos

Analysts estimate around a 15% sequential jump in data consumption levels in each of the next two quarters, which would translate in at least 5% on-quarter revenue growth for telcos. Consumers are also likely to increase the frequency of mobile recharges as they are expected to use up their data allocations more rapidly in such a scenario.

from Industry-Economic Times
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