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Viewing posts from April, 2017

Do Telecom Companies have the Bandwidth for GST?

Telecom is different from other service industries due to the fact that there is still a relatively small pool of service providers that caters to the majority of the market, and the market seems to be in further consolidation mode. On the customer side, there is a fair amount of churn and telecom companies are constantly focused on customer retention by offering free promotional offers and value added services. Given this backdrop, how will the introduction of the Goods and Services Tax impact this sector and are companies ready for this change?