Tariff hike will boost govt revenue, telcos'' finances: COAI
The letter further said both domestic and international banks are unwilling to provide any form of liquidity to the TSPs given the poor financial prospects of the operators. This has created shortfalls in working capital funds and resulted in severe debt servicing.
Mobile operators` association COAI has told the government on the recent tariffs hike by the telcos will improve their financial health, Photo: Reuters