Vodafone-Idea has a 'warning' for India's telecom sector

Vodafone Idea flagged the "deep financial distress" in the telecom sector, reflecting in unprecedented decline in revenues. Over the last three years, half a dozen operators have exited by either merging their businesses with existing Telecom Service Providers (TSPs) or declaring bankruptcy, Vodafone Idea Ltd (VIL) rued.

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