Telecom Services
Telecom Services
SECTOR | 05 Apr 2021
ICICI Securities Limited
For Tata Communication (TCom), with disruption in the European region due to Covid-19 and continued delays in closure of transformation deals, the data business is expected to post 2.5% QoQ topline growth (up ~1.1% YoY) at | 3636 crore. Hence, overall revenue is expected to grow 2% QoQ (down 2.1% YoY) at | 4307 crore. Data segment margins are expected at 26.9% (down 200 bps QoQ given one-offs in Q3) but up 400 bps YoY. Overall margins are expected at 23.5% (down 130 bps QoQ). Sterlite Tech (STL) is expected to report topline growth of 25% YoY to | 1452 crore...
More from Telecom Services
Recommended