Talking to ET Now , VP, Group Leader - PCG Advisory,, says buying telecom sector on decline would be a good opportunity again to get at least 10-20% return.Edited excerpts:Post Reliance Jio's revised launch on Republic Day , the tariff war among the operators has started again. Now the consolidation has already taken place. Jio is there, Bharti Airtel is there and there is Vodafone and Idea which are going to be merged. We had earlier projected that by March 2018, this tariff war will get settled and then there will be a healthy competition for increasing the subscriber base. Other asset classes are at three-year kind of a LTCG bracket then if equity is put up but if scrappage is there, then there will be a big dent in the market.But if there is gradual extension from one year timeframe to two year, three years, then it will have a gradual rather than knee-jerk reaction, rather than any dent to the sentiment of the investors.
Source: Economic Times January 29, 2018 04:52 UTC