Tag: Telco

Nearly 150,000 jobs at risk due to financial strain on telcos: Estimates

Mumbai: Nearly 150,000 direct and indirect jobs in India’s debt-ridden and loss-making telecom sector face “clear and present danger” of corporate downsizing, as per industry estimates. At present, the sector is burdened with astronomical debt — to the tune of nearly Rs 8 lakh crore by some estimates — and heavy losses due to a […]

  • Tuesday, 06 July 2021
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