As a telecom stock hits a 52-week high and others are closer, here’s how brokerages including Jefferies see them perform - Keviang™

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As a telecom stock hits a 52-week high and others are closer, here’s how brokerages including Jefferies see them perform

January 11, 2024

Telecom

As a telecom stock hits a 52-week high and others are closer, here’s how brokerages including Jefferies see them perform

The industry requires an ARPU of INR 270-300 in the next 3-5 years for a pre-tax RoCE of 12-15 per cent to justify capex, noted the brokerage.

Also easing investors’ dilemma, the brokerage highlighted that the upcoming spectrum auction is unlikely to pose risks.

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