Idea Cellular Management in an Investors call said that revenue growth for Idea will remain strong over the next 12 – 18 months despite regulatory concerns. Pricing power has returned to to incumbents with increase in minutes market share and increased contribution from non-voice revenues.
Idea’s Analytics team probably expects some decline in Minutes of Usage [MoU] however, this does not essentially translate into decline in Revenues. Data suggests that as the tariff war came to an end in 2011, the industry’s revenue growth increased from 8-10% to 16%. It is inevitable that tariffs will inch up for business models to sustain as costs could not come down further. This is not a cohesive action, Continue reading Idea Double Digit Revenue Growth to Continue; New Entrants Aggression Ends;