The worst of the telecom sector is behind us now, says Akhil Gupta, Chairman of Bharti Infratel. Speaking to CNBC-TV18 about his outlook on the telecom sector, Gupta said that the adjusted gross revenues (AGR) are behind us and he expects the telecom sector to be a 3-player market.
According to Gupta, AGR judgment has given clarity and breathing space. He believes that 2 years is good enough for companies to focus on growth.
Speaking about Bharti Infratel, Gupta said that they are not in talks of stake sale with PE players. He further added that he does not see a reason to increase rates as long as they can have healthy margins.
Watch the video for more