Tata Play: Broadband, OTT may keep Tata Play in good stead amid DTH dip
Tata Play’s revenue from the core direct-to-home (DTH) business is predicted to decrease in the medium term due to moderation in its subscriber base. Still, this decline is anticipated to be offset by growth in broadband and over-the-top (OTT) businesses. According to a report by Crisil, the company’s operating margins may face pressure in FY24 …