Rupee depreciation, diesel price hike to erode Rs 6000 crore from telecom sector - ETTelecom.com

ETTelecom.com
Rupee depreciation, diesel price hike to erode Rs 6000 crore from telecom sector
ETTelecom.com
NEW DELHI: The rupee depreciation can increase the cash outgo for the telecom sector by nearly Rs 4,000 crore, with an additional Rs 2,000 crore hit on operating income owing to rising fuel prices in the current fiscal, ratings agency ICRA has said.