This is likely to drag down the net profitability of the successful bidders in the near term. This is because though companies have made due payments to the government, it is expected that the rollout of services under 3G and BWA would happen not before September 2010. This means even though telcos have started servicing the debt, a corresponding offset in terms of improvement in their revenues and operating profits would occur only after a successful launch of new services.
Telecom-sectors-long-term-fate-depends-on-consolidation--3G-services
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