"Having made large investments and no monetisation happening, I think the industry does need to see some movement towards monetisation. Let's say if we are launching 5G probably in the next 6-7 months time then we will have a better idea what is happening on the monetisation front. After funding is there, we will need some time to roll out. Let's say 6-7 months," Moondra said. He said the company will be able to roll out 5G only after funding is in place. However, he refused to reply to any question on the status of funding as it is in the discussion stage.
"As for funding, it is in progress with investors. Given the nature of these discussions, we will not be able to respond to any queries on this subject," Moondra said. During the earnings calls for September 2023 quarter, Moondra had expressed optimism to close discussions on funding in December 2023 quarter.
Bu hikaye The Business Guardian dergisinin February 01, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin February 01, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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