The tariff war unleashed last year by new entrants and dual tech players particularly during the second half of last fiscal has lent a heavy blow on the financial performance of operators and the industry as a whole, reveals research findings from Cybermedia’s Voice&Data magazine.
“This is the worst telecom services revenue growth in the last five years. More tariff wars are not sustainable. There is likely to be consolidation ahead which should arrest more tariff wars and revenue attrition. The 3G rollout and rising broadband penetration, including wireless broadband, will also help improve service revenue—but the impact of these will be felt more in fiscal 2011-12 than this year,” says Prasanto K Roy, chief editor, CyberMedia India.Last quarter low revenue
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