Stocks

GTL to take a hit of ₹30-40 cr in EBIDTA

| Updated on March 08, 2018 Published on March 08, 2018

GTL has informed the stock exchanges that its EBIDTA will be impacted by about ₹30-40 crore due to headwinds from three of its major direct customers: Aircel, Aircel Cellular and Dishnet Wireless (Aircel), Tata Teleservices-GTL Infra. The exit of TTSL, the likely exit of Aircel and a significant scale-down of GTL Infra will have a considerable negative impact on its business, thereby jeopardising the long-term continuity and stability of its revenues, it said.

Published on March 08, 2018
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