Telecom companies starved for funds, your mobile bill may rise up to 30%

Analysts expect private telcos to leverage the fall in consumer-level telecom spends to 0.73% of GDP in the September quarter of FY20 from 1.25% just over three years ago, saying the scenario offers adequate headroom to push through a second round of price hikes.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2Rw5N0Z