Mobile operators' revenues to improve in Q2 on more recharges, reverse migration: Analysts
Revenues for mobile operators are expected to improve sequentially in September quarter, as factors like increased recharges, reverse migration, and easing of lockdown curbs helped overcome what is otherwise a seasonally weak quarter, say sector analysts
In its note on earnings preview, Axis Capital said revenue for wireless service providers is expected to improve in the second quarter on increased recharges as lockdown restrictions eased. Source: Reuters