COVID-19 lockdown adds to sector’s financial burdens
The suspension of most services has left many low-income Indians unable to afford top-ups to their pay-as-you-go plans, reports the Financial Times. As a result operators have been offering free and subsidised services for up to a third of their users, adding to the strains of a sector already under severe financial pressure. The paper reports how, with the lockdown now extended until May 3rd, the measures risk creating a long-term drag on the sector in spite of an expected boost in revenues from increased data usage. Read more
India’s mobile operators subsidising low-income users - COVID-19 lockdown adds to mobile sector’s financial burdens
- Theme:
- Investment
- Region:
- Asia Pacific
- Series:
- Regulatory Watch
