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See Consolidation In Telecom Space: Sanjeev Prasad

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September 11: The telecom space is an interesting one, says Sanjeev Prasad of Kotak Institutional Equities. We are seeing some signs of consolidation in the past few quarters, he says, adding that the top three telecom players account for 70% of the industry’s revenues. “As pricing power returns and regulatory blocks get cleared, we are likely to even see an increase in prices going forward,” he adds.