The company remains focused on revenue growth of its mobility business and is confident of delivering strong EBITDA in FY15 as compared to FY14, said Himanshu Kapania, MD, Idea Cellular.
Brokerage house UBS has criticized the Telecom Regulatory Authority of India‘s recommendations on 2G spectrum pricing, saying it completely “defies economic rationale,†and feels the sector could plunge into litigation for the next few years if these recommendations are accepted.